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Bid To Get GC's OK Shows Deals No Crime: Ex-Barclays Exec

Law360, London (March 1, 2019, 11:21 PM GMT) -- Former executives' efforts to get Barclays' legal team to sign off on lucrative advisory deals with Qatari investors are proof the agreements are not the sham prosecutors have made them out to be, one ex-executive told investigators in an interview.

Prosecutors on Friday read a statement provided to investigators by Thomas Kalaris, the former chief executive of Barclays’ wealth division, to the jury at Southwark Crown Court hearing the Serious Fraud Office's landmark case over Barclays PLC's efforts to raise billions of dollars at the peak of the financial crisis in order to stave off a government bailout. Kalaris is one...

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