Barclays strategy backfires in Libor scandalBob Diamond and the rest of the Barclays board sowed the seeds of their own downfall when they chose to come clean about Libor fixing.
- After holding out, Barclays CEO Bob Diamond & COO Jerry del Missier quit over Libor scam
Barclays has found itself facing perhaps the worst crisis after its top execs - Diamond & Jerry del Missier quit, both victim to an interes...
Barclays agrees to pay $ 451 million penaltyOut of the total amount, Barclays would shell out 200 million pounds to CFTC and 59.5 million pounds to FSA.
- Barclays names Diamond as CEO
Robert Diamond, the architect of Barclays' investment banking expansion, was appointed chief executive officer and pledged to boost the ban...
- Barclays retail head Seegers to step down
Barclays said its Global Retail and Commercial Banking (GRCB) Chief Executive Frits Seegers, will leave the company with immediate effect a...