Barclays has been told to hand over thousands more emails and other documents from its former bosses in a UK court case tied to the alleged manipulation of Libor interest rates, which will start in April.
Reuters reports that in a case being heard at London's High Court, Barclays is accused by a UK residential care home operator of mis-selling products that were based on Libor rates. The hearing will start on April 29th or 30th and is expected to last for about six weeks.
It is seen as a test case for whether the manipulation of Libor - which several banks around the world have admitted and been fined for - means deals such as interest rate hedges that were based on benchmark rates may have been mis-sold.
In a hearing on Friday to resolve issues before the case starts, judge Julian Flaux said Barclays must produce documents from several executives and traders related to a fund the bank ran. That includes emails and other correspondence from former CEO Bob Diamond and investment bank bosses Rich Ricci and Jerry del Missier.
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