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Barclays (BCS) has denied making an "illegal payment" to Saudi Arabia's Capital Markets...

Barclays (BCS) has denied making an "illegal payment" to Saudi Arabia's Capital Markets Authority in order to win a license in the country to operate a wealth-management arm and investment bank. The refutation follows a report last week that U.S. authorities are investigating whether the bank made such payments.
Comments (2)
  • remember how incidents of related corruption would be given roman numerals to tell the incidences apart, are we in the M's yet?
    18 Nov 2012, 04:02 PM Reply Like
  • What jurisdiction does the US have over a British bank making illegal payments in Saudi Arabi?

     

    The SEC and DOJ would not pursue MF Global investigation because it would have been "too expensive."

     

    Where does the money come from to investigate Barclays?
    18 Nov 2012, 04:48 PM Reply Like
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