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Barclays appoints new CEO

Barclays has appointed Antony Jenkins to be its new chief executive, following the resignation of Bob Diamond in the wake of the Libor interest rate-fixing scandal. Mr Jenkins is currently in charge of Barclays Retail and Business Banking and has

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MPs not convinced by Bob Diamond’s explanations

Some MPs were surprised at the explanation provided by Barclays former CEO Bob Diamond regarding the Libor-rigging scandal. Mr. Diamond said he had only learnt the true extent of the scandal this month, and he called the employees’ behavior “reprehensible”.

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Barclays former CEO Bob Diamond to be grilled by MPs’ Questioning

Bob Diamond has to face the MPs and answer their questions regarding the Libor-rigging scandal. The ex-boss of Barclays stepped down from his position on Tuesday. He is giving evidence to the Treasury Committee and is likely to be quizzed

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Barclays boss not resigning

The boss of Barclays, Bob Diamond, announced that he will not resign after Barclays is found guilty of manipulating interest rates. Mr. Diamond condemned the bank’s employees for rigging the key lending rate to make profits for their own benefit.

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