Former Barclays boss branded 'wally' in fraud trial evidence

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Former investment head criticises ex-chief exec John Varley in trial evidence

A former Barclays boss accused his ex-chief executive John Varley of being a “wally” for refusing to raise investor fees and warned colleagues that Qatari investors may pull out of the bank’s emergency fundraising in 2008, a court heard.

 

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I wonder if David Cameron and George Osbourne are going to defend him. As I recalled them defending the banks in Brussels out of 28 countries in the EU only the UK defended the banks.

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