Billionaire and Philathropist Wafic Saïd is taking matters to the court. Long-time banking partner Barclays told Saïd to close his personal accounts including those connected to his busness and charity.
One of the UK's prolific fund managers, Terry Smith of Fundsmith, has sued Barclays bank for £220,000 over accusations that the bank caused him to lose investment gains when the bank delayed his request for a money transfer.
A US judge ordered british bank Barclays to be filed with a class-action lawsuit. This case was based on a complaint regarding the bank's manipulation on the prices of electricity.