Businesswoman Amanda Staveley has lost her high court battle against Barclays over allegations that the bank behaved deceitfully during its emergency fundraising during the financial crisis. Staveley had sued the bank after her client, Sheikh Mansour bin Zayed Al Nahyan of Abu Dhabi, invested £3.25bn in Barclays when the bank turned to Qatar and Abu Dhabi to raise money and avoid a UK government bailout. […] Ex-Barclays banker’s sexist comments about Amanda Staveley released Read more Speaking after the ruling on Friday, Staveley said that she was considering an appeal. In spite of Barclays’ efforts to question my character and credentials, the court has recognised my abilities as a businesswoman and the truth of my account of events,” she said. The judgment confirms what I have said from the outset and repeated in my evidence; a senior executive at Barclays repeatedly lied to me when seeking private investment in the bank during the 2008 financial crisis.
Click here to read the full article