Amanda Staveley v Barclays: a financial defeat but a PR victory
by Simon Goodley from Economics | The Guardian on (#5EPZE)
The high-profile financier lost her high court claim but Barclays walks away wounded
When Roger Jenkins hotfooted it out of one crunch meeting in his Mayfair home in the autumn of 2008 - and straight round the corner to another at the Dorchester hotel - Barclays' then chairman of investment banking could hardly have imagined that the minutiae of those encounters would linger in anybody's memory for long.
The purpose and potential consequences of the meetings could not have appeared more simple and pressing, as the financial world was in a midst of genuine crisis that had just caused the collapse of Lehman Brothers on Wall Street.
Related: Amanda Staveley sues Barclays for 1.5bn in high court
Continue reading...