A PYMNTS Company

Saudi Arabia: Market regulator unaware of investigation into Barclays undertakings in nation

By  |  November 13, 2012

The U.S. Department of Justice has launched an investigation into whether Barclays made improper payments to win a banking license in Saudi Arabia, according to sources, though Saudi Arabia has stated it was not aware of the investigation. Saudi Arabia granted Barclays a banking license more than three years ago for the company to operate a bank as well as a wealth-management addition to its business.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Chicago Tribune

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.