Barclays bitter staff row

BARCLAYS could face an investigation for possible breaches of US cartel rules after poaching staff from rival JP Morgan.

Chief executive Jes Staley, himself a former employee of the Wall Street giant, has built much of his top team by hiring former colleagues.

The US Department of Justice may now launch a probe into whether a deal was struck with JP boss Jamie Dimon that no more senior staff would be taken.