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The flagship SFO case marks the first criminal charges filed in Britain against such senior bankers over credit crisis-era conduct steampunk cufflinks. The trial has offered a rare glimpse into how Barclays battled to avoid state control by clinching a rescue deal with Qatar over a decade ago. Qatar Holding, part of the Qatar Investment Authority sovereign wealth fund, and Challenger, an investment vehicle of former Qatari prime minister Sheikh Hamad bin Jassim bin Jabr al-Thani, invested around 4.0 billion pounds in Barclays in two capital raisings in June and October 2008..

In so-called “agreed facts” between prosecutors and the defense read out by the prosecution, the jury at Southwark Crown Court was told that the SFO had not interviewed or investigated either Qatari party. The judge had also noted that although documents held by Qatar’s lawyers Latham & Watkins were probably covered by legal privilege, the SFO had had options to try and obtain them, the jury heard. SFO investigator David Webb told the jury on Thursday it had taken 18 months to two-years to get “essential” documents from Barclays that the bank originally said were privileged – confidential advice by lawyers for clients – before it waived privilege steampunk cufflinks.

(Reuters) – Japan’s SoftBank Group is launching a $5 billion fund to invest in technology companies in Latin America, it said on Thursday, ramping up its tech ambitions beyond its huge Vision Fund steampunk cufflinks. The new fund will be headed by SoftBank’s Chief Operating Officer Marcelo Claure, it said in a statement, with the Japanese technology conglomerate committing an initial $2 billion and serving as the fund’s general partner. The group has already shaken up the technology sector with the Saudi-backed $100 billion Vision Fund, making splashy investments in late-stage start-ups such as ride-hailing company Uber and shared offices provider WeWork Cos..

The launch of the Latin America-focused SoftBank Innovation Fund will extend Bolivian-born billionaire Claure’s responsibility beyond managing SoftBank-owned companies like chip designer Arm. Responsibility for driving synergies between minority-stake portfolio companies, which is a key rationale for SoftBank’s investment strategy, is shared between Claure and the head of the Vision Fund Rajeev Mishra. “There is so much innovation and disruption taking place in the region and I believe the business opportunities have never been stronger,” said Claure, who is executive chairman of SoftBank’s U.S. telecoms unit Sprint Corp and is working to ensure the success of its planned takeover by Deutsche Telekom’s T-Mobile steampunk cufflinks.

The fund will invest across the region, targeting much the same sectors as SoftBank’s existing investments, including e-commerce, fintech and healthcare. “Latin America presents significant opportunities for SoftBank Group and the Vision Fund will have the ability to co-invest alongside the SoftBank Innovation Fund,” said Mishra steampunk cufflinks. Claure, Mishra and Chief Strategy Officer Katsunori Sago are all seen as potential successors to SoftBank Group founder and Chief Executive Masayoshi Son..