Barclays fined £40m for ‘reckless’ failures in 2008 Qatari fundraising

Bank’s shares rise as it disputes FCA finding it should have disclosed more about deal during financial crisisBusiness live – latest updatesBarclays will pay a fine of £40m for “reckless” failures to disclose a fundraising deal with Qatar at the height of the financial crisis, after the British bank agreed to withdraw a legal challenge against it.The FTSE 100 bank effectively won a discount of £10m by challenging the fine, but was found by the regulator to hav