Puerto Rico Declares State of Emergency for Hurricane Maria
Bob Evans Farms, Inc. (NASDAQ:BOBE) Gains 5.98% in Pre-market
Aston Martin weighing up two key factors
Barclays and former executives set for January trial over Qatar fundraising charges
17 July 2017, 07:21 | Jan Cross
Barclays has been hit by SFO criminal charges related to its 2008 fundraising
Four former Barclays plc executives will stand trial in January 2019 on allegations they conspired to commit fraud over the bank's 2008 fundraising with Qatar, a London judge said.
John Varley, the former chief executive of the United Kingdom bank; Roger Jenkins, former executive chairman of investment banking and investment management in the Middle East and North Africa; Thomas Kalaris, who led Barclays Wealth and Investment Management; and Richard Boath, former European head of Barclays' financial institutions group, appeared for a hearing at Southwark Crown Court today.
The bank, Varley and Jenkins also face one charge of unlawful financial assistance.
Barclays raised about £12bn in two emergency fundraising in June and October 2008, mainly from Qatar investors, to avoid a government bailout during the height of the financial crisis.
If convicted the former executives could be facing lengthy jail terms as these offences can carry a maximum prison sentence of 10 years and a fine for the bank.
Kalaris, who appeared wearing a dark suit and yellow tie, used to lead the bank's wealth and investment management division, while Boath, who wore a dark suit and blue tie, was former head of the European financial institutions group at Barclays.
Vehicle lands on roof of St. Louis home
Authorities arrived at the house about 12:40 p.m.to find the SUV on the roof and the driver trapped in the SUV. East Alton, IL (KTRS) The Major Case Squad is investigating the death of an East Alton man.
Stressful Experiences can Age Brain by Years
Each stressful experience was equivalent to about four years of cognitive ageing in African Americans, researchers said . The study did not look at the risk of dementia and experts said there could be many different factors at play.
Samsung Pay partners with PayPal
Currently, Samsung Pay is available for users of devices like Samsung S8, Samsung S7 Edge, S7, J7 Max and J7 Pro among others. In 2014, we worked with Samsung to enable mobile payments with just a fingerprint.
Texans Rookie RB Foreman Arrested
The Texans sent out a statement in response to the arrest, stating they "are aware of a situation involving D'Onta Foreman". Foreman was charged with marijuana possession and unlawful carrying of a weapon, both misdemeanors, and released on bond.
Canon Refreshes DSLR Lineup But Skips 4K
It has Dual Pixel CMOS AF with phase-detection, which is an incredible thing for a camera as it makes it more accurate and fast. Alongside 1080p video recording at 60FPS, the EOS 6D Mark II is also capable of shooting timelapse videos at 4K resolution.