Barclays' Bob Diamond recently resigned from his position as CEO in the wake of a fine that the bank paid for reportedly manipulating LIBOR -- a key benchmark interest rate used broadly all over the world.
"I love Barclays. History will judge Barclays as an incredible institution," said Diamond in his opening.
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In the wake of a massive fine for Barclays over its manipulation of LIBOR (an index measuring the interbank lending rate), Barclays CEO Bob Diamond has resigned (just two days after its Chairman Marcus Agius announced he was steppin... Read Post
Barclays' CEO Bob Diamond resigned from his post today in the wake of a scandal related to the manipulation of LIBOR – a key interest rate used all over the world. Every year, hundreds of CEOs from different companies leave their po... Read Post
Earlier today, Barclays' Bob Diamond resigned from his position as CEO. The Barclays brand was marred after it paid a massive fine for manipulating LIBOR, a key benchmark interest rate used all over the world. However, Bank of Ameri... Read Post