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Barclays chairman quits over rate-fixing scandal
Yahoo Political News - | Monday, July 02, 2012

Barclays chairman Marcus Agius listens as France's Prime Minister Francois Fillon delivers his keynote address at Guildhall in LondonLONDON (Reuters) - Barclays Plc sacrificed its chairman Marcus Agius over an interest rate rigging scandal that has dealt "a devastating blow" to the bank's reputation, apparently seeking to defuse calls for chief executive Bob Diamond to go. Agius - who said "the buck stops with me" - is the first major scalp from the scandal, which is likely to involve more banks and could also embarrass regulatory authorities. ...


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