Bob Diamond’s ‘highly selective’ evidence slammed in MPs’ Libor report

Report also criticises Bank of England and regulator for being slow to notice events leading up to Barclays’ £290m fine MPs have attacked the former Barclays boss Bob Diamond for being “highly selective” in the evidence he gave to their emergency hearings on rigging key Libor interest rates, in the first comprehensive report on the […]


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Barclays pay chair Alison Carnwath quits

Non-executive director who clashed with the chairman over Bob Diamond’s bonus suddenly quits Barclays was mired in fresh controversy on Wednesday night after handing almost £9m to a top banker who left following the Libor scandal and after one of its highest profile non-executive directors suddenly quit, taking the toll at the top to four. […]


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Former Barclays executive insists Bob Diamond instructed him to cut Libor

Jerry del Missier told MPs he spoke directly to former chief executive before instructing staff to cut bank’s Libor submission Jerry del Missier, a former top Barclays banker, revealed that he spoke directly to his former boss Bob Diamond before instructing staff to cut the bank’s submission to Libor. He also revealed that the bank’s […]


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Ex-Barclays executive to be grilled by MPs over Libor scandal

Jerry del Missier, who resigned as COO, faces select committee as US considers launching own criminal inquiry into scandal MPs will demand to know on Monday why former Barclays chief operating officer Jerry del Missier, who resigned in the wake of the Libor rate-fixing scandal, issued instructions to reduce the bank’s interest rate submissions. As […]


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Bob Diamond’s resignation: the late exchanges that led to his demise

Once the former Barclays chief executive realised he was the biggest problem facing the bank, it was time to go On Monday afternoon Bob Diamond rehearsed for his planned appearance before the Commons Treasury select committee. As his public relations team ran him through question after question that the MPs were likely to fire at […]


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