Ex-Barclays Head Is Acquitted In Fraud Trial
PYMNTS
JUNE 21, 2019
Varley was accused by the Serious Fraud Office (SFO), along with three colleagues, of false representation over covertly paid fees to get backing for a capital raise to help the bank stay out of government control. He worked his way up the ladder and landed at chief executive in 2004. The SFO appealed and lost. He left in 2011.
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