Barclays' shares open 1% down

Barclays' shares opened 1% lower today following the news that the Serious Fraud Office launched an investigation into payments made between the bank and Middle East investors.

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SFO inquiry for new Barclays CEO

Barclays has named the head of its retail division Antony Jenkins as its new chief executive to replace Bob Diamond. Its shares have fallen 1% after the Serious Fraud Office launched an investigation into an investment made by Qatari businessmen.