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Britain's Serious Fraud Office says that senior Barclays officials tried to disguise £322 million ($392.3 million) worth of extra fees paid to Qatar. (AP)

Barclays Exec 'Fretted' Qatar Fees Looked Like Bribe

A former Barclays executive told in-house lawyers he was worried that a secret payment to Qatar to secure an investment as part of an emergency fundraising during the financial crisis would be seen as a bribe, prosecutors said at a London fraud trial Monday.

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PE Adviser Settles Fee Fight Over €24M Deal On Eve Of Trial

Private equity adviser Real Assets Partners London settled its suit accusing an investment fund of dodging fees due on a €24 million ($26.4 million) deal, just as the trial in the case was set to kick off Monday.

Dispute Over £95M UK General Insurance Deal Moves Ahead

The private equity-backed buyer of UK General Insurance Group Ltd. is moving forward with a suit seeking up £95 million ($119.2 million) from the insurer's former parent company Surestone for selling an “effectively worthless” company.

Pensions Watchdog To Get More Power In Gov't Plan

The British government plans to give the country's pensions watchdog great powers to crack down with tougher sentences and new offenses for executives, part of a wide-ranging suite of reforms unveiled in the queen’s speech Monday.

UK Eases AML Rules For Syndicated Loans

The U.K. government has approved rules that will relax the money laundering safeguards needed when a borrower takes out a pooled loan with a group of lenders to reduce red tape for syndicated lending, an industry steering group has said.

Stephenson Harwood Settles £6M Fee Fight With Tchenguiz

Stephenson Harwood LLP has settled its £6 million ($7.6 million) suit against three funds linked to property tycoon Robert Tchenguiz over unpaid legal fees, according to a London court order.

Dechert Can Examine 'Leaked' Docs In Row Over ENRC Probe

A London judge on Friday told Eurasian Natural Resources Corp. to give Dechert LLP privileged documents allegedly detailing corruption within the mining company, amid allegations a partner at the firm leaked the materials to the news media and law enforcement.

FCA To Be ‘Pragmatic’ About Rules In Case Of No-Deal Brexit

The Financial Conduct Authority said Friday that it will take a “proportionate and pragmatic” approach to reporting rules if the U.K. crashes out of Europe without a deal or transition period on Oct. 31.

Ex-Barclays Execs Faked Paper Trail To Hide Fraud, Jury Told

Barclays executives who conspired to pay £322 million ($396 million) in secret fees to secure capital from Qatar during the financial crisis created a fake “audit trail” to cover their tracks, prosecutors told a London jury Friday during the bankers’ fraud trial.

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