barclays sued by seven english councils over euros 500m loans

Barclays sued by seven English councils over £500m loans

Company Mohit Shah - Feb 04, 2019

Seven local English councils have sued Barclays over debatable bank loans which were sanctioned before the financial crisis.

barclays pre tax profit tripled to 32billion in 2016

Barclays’s pre-tax profit tripled to £3.2 billion in 2016

Company Mohit Shah - Feb 23, 2017

Full-year profit before tax increased from £1.14 billion in 2015 to £3.2 billion in 2016, falling short of its own prediction of £3.97 billion. 

us sues barclays for fraud dealing of mortgage securities

U.S. sues Barclays for fraud dealing of mortgage securities

World Mohit Shah - Dec 24, 2016

Barclays has been charged by the U.S. Justice Department, alleging the bank was involved in the fraud selling of mortgage securities worth $30 billion.

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