Markets

Jury discharged by judge in historic Barclays fraud trial

A judge discharged the jury part-way through the historic Barclays fraud trial in London on Monday. The judge ordered the media not to report why the discharge occurred. In the trial, the UK Serious Fraud Office (SFO) had claimed former CEO John Varley and other executives – Richard Boath, Thomas […]
Jury discharged by judge in historic Barclays fraud trial
Markets

Ex-Barclays chairman feared execs would resign during financial crisis: ‘This wasn’t what I signed up for, how do I get out of here?’

Former Barclays chairman Marcus Agius is giving evidence as part of a major trial relating to alleged fraudulent behaviour by bank executives during the 2008 financial crisis. Agius, chairman between 2007 and 2012, feared that key executives could resign as the crisis deepened. The ex-chairman also detailed the “complex and […]
Ex-Barclays chairman feared execs would resign during financial crisis: ‘This wasn’t what I signed up for, how do I get out of here?’