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Barclays - Qatar and Oz news

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The U.K. Financial Conduct Authority has re-opened its investigation into Barclays' 2008 emergency fundraising from Qatar despite issuing a fine in the case four years ago, as charging decisions from a parallel criminal case are set to be announced imminently, according to a person familiar with the probe.

'All hell was let loose': witnesses on the Westminster attack

Houses of Parliament

It began like any other early afternoon in Westminster. Inside the Houses of Parliament, MPs were gathering in the Commons chamber to vote, while journalists and parliamentary staff worked in their offices, and parties of schoolchildren and other visitors mingled around the rambling parliamentary estate.

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UBS said to be 'very pessimistic'

UBS is “very pessimistic” about reaching an agreement with French authorities to settle a case of alleged tax fraud that forced the bank to post a $1.2bn bond to cover any potential penalties three years ago, Journal du Dimanche reported.

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New hedge fund delivering out-sized returns

Two former associates of billionaire shipping and rig tycoon John Fredriksen are delivering out-sized returns by snapping up distressed and shunned oil-related assets. And they say it’s a bet that has plenty of room to run.