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Barclays Faces £50M Fine For 'Reckless' 2008 Capital Raise

By Joel Poultney ( October 21, 2022, 11:12 AM BST) -- Barclays faces a fine of £50 million ($56 million) over arrangements it made with Qatari investors when raising fresh capital during the 2008 financial crisis, the Financial Conduct Authority said Friday, saying the bank's conduct at the time was "reckless and lacked integrity."...

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