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Home | Barclays’ Bob Diamond resigns with immediate effect

Barclays’ Bob Diamond resigns with immediate effect

  • July 03, 2012
  • Barclays’ chief executive, Bob Diamond, has resigned with immediate effect, the BBC has reported. The news follows the resignation on Monday of the bank’s chairman, Marcus Agius, whose position became untenable after the bank’s attempts to manipulate LIBOR resulted in hefty fines from the Financial Services Authority and authorities in the US. Yesterday, Mr Diamond [...]

  • Read more at:http://www.bankingtimes.co.uk/2012/07/03/19847/
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