The jury is rejected in the Barclays fraud case

The trial jury for fraud against four former Barclays bankers – whose former chief executive, John Varley – was sacked.

The case concerned events that occurred in 2008 when the bank raised billions of dollars from investors in the Middle East.

The other charges were investment banker Roger Jenkins, wealth manager Thomas Kalaris and Richard Boath, the former head of Barclays' group of European financial institutions.

The four denied the charges.

All four were charged with conspiracy to commit false misrepresentation fraud in connection with Barclays' capital raising in June 2008.

Varley and Jenkins were charged with a second count of conspiracy to commit false misrepresentation fraud over Barclays' capital raising in October 2008.