Diamond clarifies note on conversation with BoE deputy

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Bob Diamond, who resigned as chief executive of Barclays Bank yesterday as a result of a Libor rate-setting scandal, attempted to exonerate Bank of England (BoE) deputy governor, Paul Tucker, of any wrong-doing in the affair, as he gave evidence to a Treasury Select Committee hearing today (July 4).

An early focus of the lengthy questioning session was on a note, published by Barclays yesterday and reported by CentralBanking.com, in which Diamond recounted a conversation with Tucker, which ultim

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