A court has dismissed charges against Barclays relating to its emergency fundraising from Qatar at the height of the financial crisis. Prosecutors had also accused Barclays' operating unit with unlawful financial assistance "for the purpose of directly or indirectly acquiring shares in Barclays Plc." Southwark Crown Court in London dismissed all of the charges on Monday. However, Barclays warned in a statement to the markets that the fraud office is likely to seek to reinstate the charges. Individuals still face charges, as Monday's dismissal only refers to Barclays as a corporate entity.

Source: ABC News May 21, 2018 14:03 UTC