Barclays CEO Diamond Quits After Record Libor-Rigging Fine

Robert Diamond, the architect of Barclays Plc (BARC)’s investment banking expansion, stepped down as chief executive officer, succumbing to political pressure to go after the bank admitted to rigging global interest rates. Diamond, 60, will step down wit Full Story »

Posted by Jack Powers - via Google News (Business)
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Subjects: Business
Topics: Finance
Member Tags: white collar crime
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Posted by: Posted by Jack Powers - Jul 3, 2012 - 10:09 PM PDT
Reviewed by: Jack Powers (review)
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Edited by: Jack Powers - Jul 5, 2012 - 12:07 AM PDT

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Jack Powers
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by Jack Powers - Jul. 5, 2012

Robert Diamond, the architect of Barclays Plc (BARC)’s investment banking expansion, resigned as chief executive officer, succumbing to political pressure to go after the ... More »

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