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Barclays labels US$1b lawsuit over 2008 fundraising 'misconceived'

Bank denies dishonesty and recklessness, calls PCP's charge 'flawed and speculative'

Published Fri, Jun 17, 2016 · 09:50 PM
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London

BARCLAYS has described as "fundamentally misconceived" a US$1 billion-plus lawsuit brought by British financier Amanda Staveley over the bank's emergency fundraising from Gulf investors at the height of the credit crisis in 2008.

Ms Stavele…

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