Barclays chairman Marcus Agius resigns over rate-rigging scandal

Guardian – Marcus Agius has quit as chairman of Barclays, saying he was “truly sorry” for the interest rate-rigging scandal that has dealt a “devastating blow” to the bank’s reputation.

But Monday’s resignation did not puncture the political pressure on the bank with the Labour leader, Ed Miliband, calling on the bank’s chief executive, Bob Diamond, to quit and stepped up his efforts to force the government to set up a Leveson-style inquiry into banks by bringing forward an amendment in parliament.

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