Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

Barclays Probed By US Over Saudi Banking Licence

Friday, November 9, 2012 - 5:59 PMBarclays
Barclays disclosed last week that it is co-operating with an investigation by the DoJ and the Securities and Exchange Commission into whether it breached the Foreign Corrupt Practices Act (FCPA). The FCPA gives US authorities powers to levy heavy fines and potentially prosecute individuals if corruption has been perpetrated by a company with strong ties to the US.

Barclays probed by US over Saudi banking licence - Telegraph
ShorebreakShorebreak2,700 posts since
Apr 6, 2010
Rep Points: 14,636