Barclays Finance Chief Probed

Bank says Chris Lucas is among employees being investigated for fee disclosures on capital raising.

Barclays Plc, whose three most senior officials resigned after the lender was fined for rigging Libor, said Finance Director Chris Lucas is being probed by regulators with regards to a fundraising four years ago.

The U.K. Financial Services Authority is investigating four current and former senior employees, including Lucas, over the disclosure of fees related to the bank’s capital raisings in 2008, Barclays said in a statement today as it released first- half earnings. The bank also disclosed a further three lawsuits linked to its alleged manipulation of global interest rates.

‘Satisfied’ Obligations

“Barclays considers that it satisfied its disclosure obligations and confirms that it will cooperate fully with the FSA’s investigation,” the bank said today.

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