Wednesday, July 4, 2012

Diamond Quits as Pressure Mounts on Barclays Over Libor - Bloomberg

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Bloomberg


Diamond Quits as Pressure Mounts on Barclays Over Libor

Bloomberg


Robert Diamond, the architect of Barclays Plc's investment banking expansion, resigned as chief executive officer, succumbing to political pressure to go after the bank admitted to rigging global interest rates.


Barclays Notes Suggest Government Pressure on Libor

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