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UK FCA looks forward to 'fair' hearing of Barclays fraud charges

( June 20, 2017, 11:30 GMT | Official Statement) -- MLex Summary: The UK Financial Conduct Authority has said it looks forward to a "fair and transparent" hearing of the fraud charges that the Serious Fraud Office brought against Barclays today. In 2013, the FCA imposed a separate fine of 50 million pounds on the bank, for making misleading statements about certain loan agreements struck in 2008 with the state of Qatar and with a unit of the country's sovereign wealth fund. Barclays has said it will contest the FCA's decision.Full statement follows. ...

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