Agius confirms BoE governor’s intervention in Barclays


Marcus Agius, chairman of Barclays, today confirmed the governor of the Bank of England, Mervyn King, had made it clear Bob Diamond, former chief of Barclays, should leave the bank in the wake of the Libor rate-setting scandal.

Speaking before the UK parliament's Treasury Select Committee, Agius said during a meeting with King on July 2, senior Barclays management had been told in "no uncertain terms" that Diamond "no longer had the support of the regulator".

Asked what had changed over the

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