Barclays has been accused of 'inappropriate' behaviour after one of its analysts was caught threatening to 'steal' ideas from an internet start-up company backed by the UK Government.
The London Evening Standard reports that an employee at the firm was emailed by a friend who recommended Nutmeg, a new website that offers to manage portfolios for people with as little as £1,000 to invest.
The analyst over at Barclays Wealth and Investment Management replied: 'Signed up a few weeks ago - cool tools on their site. We’re going to steal them'.
But instead of sending it back to his friend, the analyst accidentally emailed his plan to the Nutmeg website, which was founded by technology entrepreneur Nick Hungerford.
A Barclays spokesman declined to comment. However, a source at the bank said the email was 'definitely misjudged' and the employee had been spoken to.
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