Fotheringhame wins Barclays employment claim

Former managing director unfairly dismissed in relation to last look, UK court finds

David Fotheringhame at Barclays
Court judgement: Barclays dismissed David Fotheringhame unfairly; remedy hearing to follow in May

Former Barclays managing director David Fotheringhame has won an employment tribunal case against his former employer, with a UK judge ruling the bank unfairly dismissed him from his $1 million-a-year role in December 2016, FX Week can exclusively reveal.

Fotheringhame entered the unfair dismissal claim against Barclays in March 2017, and hearings were held in January.

He was dismissed from Barclays in December 2016, after the bank entered into a consent order relating to the use of last look

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