UK financial regulator fines Barclays $51 million over disclosures related to Qatar dealings

By CNBC   |   1 month ago
UK financial regulator fines Barclays $51 million over disclosures related to Qatar dealings

Barclays was fined £40 million by Britain's financial regulator for failing to disclose dealings with Qatari entities in 2008. The bank paid undisclosed fees to Qatari funds during the financial crisis, leading to the FCA's findings of recklessness and lack of integrity.

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