The fine by the Financial Conduct Authority dates back to the 2008 crisis, when Barclays scrambled to raise funds from overseas investors, including Qatar, in order to avoid a state bailout
Barclays
Latest in Barclays
banking jobs
Barclays boosts Asia wealth presence with plans to triple team size in India and Singapore
Barclays joins other firms building out wealth management teams in the region, including UBS Group AG and Julius Baer Group
Aramco
Saudi Aramco said to add Barclays, Deutsche as bookrunners for IPO
Sources report that other banks picked include BNP Paribas, UBS Group, Gulf International Bank and Societe Generale
Barclays
Barclays to cut 20% of jobs in Dubai wealth management unit
Sources say layoffs will include senior positions and support staff within the Dubai division that employs about 100 people
Aniseh Chawkat
How Britain’s NCA stopped payments to Syrian president Bashar al-Assad’s niece
In an unprecedented case, a member of Syria’s ruling Assad family has forfeited the contents of her UK bank account.
bank merger
Dubai banks said to hire advisors for merger talks
Sources say Dubai Islamic Bank has hired HSBC Holdings to advise on its possible acquisition of smaller rival Noor Bank
Andrew Mortimer
Video: What are the 3 Vs for leadership?
Andrew Mortimer, managing director, country manager Barclay’s Bank, MENA talks about the 3 Vs of leadership – Values, Vision, and Vehicle.
Barclays
Dubai’s Damac secures $229m financing for luxury London project
Three banks provide funds for Damac Tower at Nine Elms, the first in Europe to be designed in partnership with Versace Home
Barclays
Barclays expands ethical investment options for Gulf clients
Barclays has announced the launch of its two licensed Stoxx ESG (Environmental, Social and Governance) indices in the Middle East
Barclays
Barclays EMEA banking chairman leaves lender
Makram Azar, who also headed the bank’s Middle East’s operations, will return as a senior adviser in January 201
Abraaj Group
Turkish drugmaker hires Barclays for sale after Abraaj deal collapse
Sources say Turkish businessmen Ahmet and Zafer Toksoz are considering divesting all or part of the Istanbul-based firm after failing to reach a deal with Abraaj