Tag Archives: marcus agius

++ Barclays chief executive Bob Diamond quits

Yesterday Nick Clegg called for more resignations at Barclays in the wake of the rate-rigging scandal. Well, he’s just got his wish in part fulfilled, with the news that chief executive Bob Diamond is falling on his sword (or was he pushed?). Here’s how the BBC reports it:

Barclays chief executive Bob Diamond has resigned with immediate effect.

The move follows the resignation of chairman Marcus Agius and comes less than a week after the bank was fined a record amount for trying to manipulate inter-bank lending rates.

Mr Diamond said he was stepping down because the external pressure on Barclays

…

Posted in News | Also tagged , and | 28 Comments
Advert

Recent Comments

  • Roland
    @Jeff - I didn’t say resources were scarce, just that they are in short supply. So whilst there might be decades of fossil fuels in the ground, you may have n...
  • Paul R
    It might be better to spend the money on increased assistance to help people switch to EVs instead. Otherwise motorists will always be dependent on the next war...
  • Michael BG
    Nigel Jones, “When we debated FPC’s planned program last year, some said we should have included tax issues in that program” Indeed. I didn’t s...
  • Suzanne Fletcher
    Far too late for me to comment, but just skimmed through the replies and I agree with most. Most important is that as Caron says, it was announced where hundre...
  • Robyn Peel
    A key difference between the Liberal Democrats and other parties is that members go in their own right, not as representatives of their local party; we have att...