Senior Barclays bankers charged with fraud over credit crunch fundraising

Bank, ex-chief executive and three others accused, marking first time any top bankers have faced charges over financial crisis

Four former Barclays executives could face lengthy jail sentences after the Serious Fraud Office charged them and the bank with fraud over the way Barclays raised billions of pounds from Qatar at the height of the financial crisis.

The SFO charged former Barclays chief executive John Varley and three former colleagues – Roger Jenkins, Tom Kalaris and Richard Boath – with offences after a five-year investigation into the events surrounding the £11.8bn emergency fundraising conducted by the bankin 2008.

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