Monday 10 December 2018
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Channel News Asia - 20 days ago

Barclays not liable to buyers of US IPO before 2008 crisis - appeals court

Barclays Plc is not liable to investors who bought its U.S.-listed stock a few months before the 2008 financial crisis and accused the British bank of hiding its risky debt exposure and a capital shortfall, a U.S. court ruled on Monday.

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