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Posts tagged to Bob Diamond

Bob Diamond resigns as Barclays CEO, but the end of the LIBOR scandal is nowhere in sight

  Bob diamond yesterday resigned from his position as CEO of Barclays after being implicated in the LIBOR rate fixing scandal. In banking circles, Bob Diamond has long been considered something of a genius. After forging a reputation as a ruthless profit generator at Morgan Stanley and then CS First Boston, Diamond joined British bank Barclays as Head of Global Markets.  He was then made CEO of the bank’s newly established investment banking arm, Barclays Capital in 1997. Under Diamond, Barclays Capital became one of banking’s great success stories. It… Read more