After flubbing two of its most high-profile prosecutions in recent memory, the UK’s Serious Fraud Office is preparing for the opening of one of its biggest cases in years: The prosecution of four senior Barclays executives over allegations of fraud and abuse dating back to the depths of the financial crisis. One of the enduring […]
Barclays’ Whistleblower-Gate Raises Alarms Bells…
It is not a promising development for changing the culture of Wall Street when today’s newswires are reporting the sordid details of how the big Wall Street player, Barclays, engaged U.S. law enforcement in an attempt to hunt down the identity of an internal whistleblower. More on that in a moment, but first some background. […]
Barclays to Pay $100 Million to U.S. States over Libor Scandal…
Agreement with 43 US states and District of Columbia follows £290m fine four years ago from UK regulators…