Fraud charges for Barclays; Pound slumps; Lockheed Martin deals
Tuesday, 20 June 2017 () 1. Barclays fraud charges: British prosecutors filed criminal charges against Barclays and four of its former executives Tuesday over investments from Qatar that helped save the bank during the financial crisis.
Barclays and four former senior executives are criminally charged in a high-profile UK investigation into undisclosed payments to Qatari investors during a 12 billion pound ($15.4 billion) emergency fund raising in 2008. Ivor Bennett reports.
Two familiar names are in the news this morning, after the UK's Serious Fraud Office filed criminal charges against Barclays Plc and four former executives,... Zero Hedge - MarketsAlso reported by •Seattle Times •Wales Online •CNNMoney •Brisbane Times
Former executive Martin Shkreli, the one-time CEO of Turing Pharmaceuticals who drew outrage for raising the price of a life-saving AIDS drug by 5,000 percent... WorldNews - Front PageAlso reported by •Brisbane Times •Sify