Agius quits but Diamond hangs on as Barclays Libor debacle shows no signs of blowing over

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Agius quits but Diamond hangs on as Barclays Libor debacle shows no signs of blowing over

Barclays chairman Marcus Agius bowed to intense pressure from politicians and shareholders by announcing his resignation over the weekend as the bank struggled to manage the fallout from the Libor fixing scandal, which threatens to become the worst reputational crisis in its recent history.

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