Barclays boss urged to quit
Barclays boss Bob Diamond is facing calls to quit as he said all those responsible for the rate-rigging scandal should pay the price.
Barclays boss Bob Diamond is facing calls to quit as he said all those responsible for the rate-rigging scandal should pay the price.
The chairman of the Commons Treasury committee Andrew Tyrie has said the committee would be summoning Barclays Chief Executive Bob Diamond to explain what had happened in the wake of the Libor scandal.
"This is appalling. It just beggars belief that this sort of attitude should have been so widespread," he told Channel 4 News.
"The crucial thing now is to make sure that it is being cleared up. That is why we will be calling in Bob Diamond to make sure that what's required had been done in Barclays to improve the culture."
The LAPFF, who represent a group of Barclays shareholders have suggested the banks' chair Marcus Agius's position may no longer be 'tenable'
Barclays boss Bob Diamond is facing calls to quit as he said all those responsible for the rate-rigging scandal should pay the price.
Bob Diamond is going to tough it out at Barclays. He has written to MPs saying he will be happy to cooperate with an inquiry.