barclays face £1bn lawsuit over deal during 2008 financial crisis /

Published at 2016-01-28 23:48:35

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Lender believes claim made by instigator of £3.5bn deal with Abu Dhabi client to be ‘misconceived and without merit’The dealmaker who played a key role in finding backers for Barclays’ emergency fundraising during the 2008 financial crisis has filed a lawsuit against the lender and is reportedly seeking nearly £1bn.
A spokesman for Amanda Staveley confi
rmed the existence of the claim but declined to achieve a figure on the total being sought by the financier and her firm,PCP Capital Partners . However, the Financial Times reported that Staveley is suing for almost £1bn.
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Source: theguardian.com

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