Ex-Barclays staff lose right to anonymity in Libor court case

 
Tim Wallace
Follow Tim
UP TO 106 current and former Barclays staff named in emails relating to Libor fiddling lost their right to anonymity in a legal case yesterday, as a judge ruled in favour of a group of media organisations who wanted them unmasked.

The staff, a minority of whom are thought to have been found to have misbehaved, can now be named in the proceedings between Guardian Care Homes (GCH) and Barclays.

The case is based on GCH claims that Barclays missold it an interest rate swap product.

The names could come out in a hearing on Thursday.

“The fact that someone is named in hundreds of thousands of pages of documents following a wide-ranging three-year investigation in which no stone was left unturned does not necessarily mean that person was involved in any wrongdoing,” said Barclays in a statement. “Many entirely innocent individuals may be referred to in the documents underpinning the settlements.”

Meanwhile Barclays Wealth’s chief operating officer Andrew Tinney has left the bank after he disposed of a report into behavioural problems in the unit.