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January 24, 2013

Barclays staff lose plea for anonymity

A High Court judge has rejected a request by 106 current and former employees of Barclays to remain anonymous before the first British damages claim trial over the manipulation of Libor.

Mr Justice Flaux decided the issue on Monday in relation to a lawsuit brought by Wolverhampton-based Guardian Care Homes against Barclays.

 
The dispute, which comes to trial in October, is being closely watched as a test case for other litigation against banks involved in the Libor scandal.
 

In an earlier court hearing, Barclays was ordered to hand over emails and names of staff included in disclosure to US and UK regulators who fined Barclays £290m for attempting to manipulate Libor.”

 

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Read full Financial Times article here

 
 
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