Barclays faces up to need for change, launches Salz Review

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Barclays faces up to need for change, launches Salz Review

Protestations by Bob Diamond, former chief executive of Barclays, that the scandal over the firm’s manipulation of Libor rates was not representative of its culture, were undermined on Tuesday when the bank announced the Salz Review of its business practices that takes as its starting point the need for change.

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