Barclays faces '£1bn lawsuit' over 2008 financial crisis deal

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 confirmed the existence of the claim but declined to put 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.