U.K. Court Dismisses Charges Over Qatar Fund-Raising by Barclays - May 21, 2018 | NYT | DealBook / Business & Policy
nytimes.com U.K. Court Dismisses Charges Over Qatar Fund-Raising by Barclays A British court has dismissed charges against Barclays over a fund-raising round during the 2008 financial crisis that gave it much-needed financial infusions without a government bailout. CreditToby Melville/Reuters LONDON — A London court has dismissed charges against Barclays tied to the bank’s 2008 efforts to raise a $15 billion lifeline from Qatar and other investors, a legal victory for the British lender as it tries to turn its businesses around. The decision is a blow to Britain’s regulators, who have pursued the case for years. The charges were the first in the country against a bank for actions during the global financial crisis. And the news is likely to be well received by Barclays, which has sought to move past a welter of scandals and underperforming operations. The firm paid $2 billion to settle American charges of fraudulently misrepresenting securities tied to h