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Former Barclays executive Richard Boath

A senior Barclays executive was terrified that the bank’s financial crisis-era Qatari deals looked corrupt

Barclays executives worried in 2008 that if people found out about the bank's payments to Qatari investors, they would think the deals were a 'bung.'
Former Barclays CEO John Varley.

Barclays executive got a £25 million bonus during the financial crisis for his role in Qatari funding deal to ‘save our arses’

Barclays executives spent frantic hours negotiating with Qatari investors over funding terms amid fears they'd abandon the deal, a London court heard.
Steve Carell as Mark Baum in The Big Short. Baum was based on Steve Eisman.

‘Big Short’ investor Steve Eisman just joined those sounding the alarm on rising corporate debt

Stocks of such debt have more than quadrupled since the crisis, standing at about $2.7 trillion.
Former Barclays CEO John Varley

Fraud trial kicks off for former Barclays CEO, who could face 10 years in prison for events around the 2008 financial crisis

Early trial proceedings begin for ex Barclays CEO John Varley. It's part of the UK's first criminal case pursuing senior bankers for crisis-era events.
There's a lot for traders to digest. And it's Christmas Eve.

Dow drops 640 points for the worst Christmas Eve trading day on record

The S&P 500 is heading for a whopping 11% plunge in 2018. The Treasury Secretary's bizarre attempt to quell a stock bloodbath seems to have backfired.
Steve Eisman.

The man who called ‘The Big Short’ says Deutsche Bank is a ‘problem bank’

Steve Eisman told Bloomberg TV that Deutsche Bank "has real profitability issues," that it's "probably undercapitalized," that he thinks it will "probably raise capital again next year," and that "it has to shrink dramatically."
RBS CEO Ross McEwan.

RBS is swallowing a ‘milestone’ $4.9 billion fine for its role in the financial crisis — and shares are going up

RBS announced on Thursday it has reached a deal with the US Department of Justice to pay a civil penalty of $4.9 billion to settle allegations of misselling mortgage-backed securities in the US between 2005 and 2007.

The stock market bottomed 9 years ago — here are the headlines from the darkest days of the financial crisis

A reminder of just how scary and confusing the times were as the world became familiar with terms like mortgage-backed securities and derivatives.

The Bank of England is reviewing more than 400 firms’ Brexit plans and there are ‘significant issues’

The UK's top banking regulator warned lenders not to make the same mistakes that led to the 2008 financial crisis.

‘A stark reminder’: RBS agrees £4.2 billion settlement with US over financial crisis misselling

The bank has reached a settlement over the misselling of $32 billion mortgage-backed securities in the run-up to the 2008 financial crisis.