Financial Conduct
Authority (FCA) is warning Barclays Bank of a £50m fine for its 2008 investment
deal with Qatari investors.
The FCA said it
had "acted recklessly" and breached some rules over disclosing some
aspects of the deal and had failed to "act with integrity towards holders
and potential holders" of its shares.
Barclays contests
the findings.
The news emerged
as Barclays gave details of its plan to raise £5.95bn through the issue of new
shares.
Shareholders are
being offered one new share at 185p for every four they own.
The new shares are
expected to begin trading on 4 October.
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