Ex-Barclays CEO stands trial for fraud - reports

John Varley and three former colleagues could face ten years in jail

Mike Sheen
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The four men stand accused of fraud by misleading the market during the 2008 Global Financial Crisis
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The four men stand accused of fraud by misleading the market during the 2008 Global Financial Crisis

Ex-Barclays CEO John Varley and three of his former senior colleagues stand trial today (23 January), charged with defrauding the market during the Global Financial Crisis.

Varley and his former colleagues, including ex-head of Barclays' wealth and investment management unit Tom Kalaris, stand accused at Southwark Crown Court in front of Justice Robert Jay, where a jury will...

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