Previous Post: Libor scandal and Diamond exit can’t stop the money-making machine: Barclays’ profits surge to £4billion nbsp
Barclays finance chief investigated by FSA over fundraising
Guardian – Barclays was engulfed by a fresh crisis on Friday when it admitted that finance director Chris Lucas is under investigation by the Financial Services Authority (FSA) in relation to funds raised in 2008. The latest potential run-in with the regulators comes as the bank scrambles to pick up the pieces surrounding the Libor scandal, which has already led to the resignations of four top directors at the bank. Read Article
Tags: banks, crime law, Europe, financial system, nature of corporations
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