Risk News

7/3/2012
Barclays CEO Robert Diamond Resigns

"The chief executive of Barclays BARC.LN +1.67% PLC, Robert Diamond, resigned Tuesday amid intense political and investor pressure from the British bank's involvement in rigging an important interest-rate benchmark—and another senior executive appeared close to following him out the door."

Annie's take:

Here's the first large decision from the Barclays board, with more certainly to come.