Financial Crime Financial Crime

Barclays fined GBP50 million for ‘reckless’ conduct with Qatari investors in 2008

By Fiona Maxwell and Martin Coyle
  • 21 Oct 2022 11:34
  • 21 Oct 2022 11:34
Banking giant Barclays has been fined 50 million pounds ($55 million) by the UK financial watchdog for failing to disclose its relationship with Qatari entities as part of capital raising exercises in the latest chapter of a long-running saga stemming from the global financial crisis in 2008. 

The penalty is provisional, as Barclays

To view the latest version of this document and thousands of others like it, sign-in to MLex or register for a free trial.

Fiona Maxwell

Senior Correspondent

Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.

Martin Coyle

Senior Correspondent

Martin Coyle is a senior correspondent, based in MLex's London office, reporting daily on bribery and corruption issues in the UK and Europe. Previously he was a senior editor at Thomson Reuters where he covered anti-money laundering, financial crime and regulatory enforcement issues. Prior to that he was editor of The Accountant, the world's oldest accounting publication, and International Accounting Bulletin, a bi-monthly business journal owned by Lafferty.

Discover MLex

Stay on top of global regulatory developments


Latest News