Barclays executives on trial for fraud over the bank’s 2008 capital raisings were worried that potential investors in the deal were exchanging information and “angling” for higher fees, a court heard on February 1.

The evidence, chiefly recordings of phone-calls between Barclays’ senior staff and presented in court by the UK’s Serious Fraud Office, sheds new light on the bank’s anxiety to raise money at the height of the financial crisis.