Barclays Plc and former executives charged with conspiracy to commit fraud

It has been reported that Barclays Plc and four former executives have been charged with conspiracy to commit fraud and the provision of unlawful financial assistance. The charges, brought by the Serious Fraud Office, follow a lengthy investigation into Barclays’ fundraising during the 2008 financial crisis. Those employees charged with conspiracy to commit fraud include Barclays’ former chief executive, former senior investment banker, former chief executive of Barclays’ wealth division and the ex-European head of financial institutions.