Barclays boss quits as scandal intensifies

Al Jazeera English 2012-08-31

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Barclays boss Bob Diamond and another member of his top team have quit their posts amid the growing rate-rigging scandal.

The Chief executive fell on his sword just a day after the chairman announced his intention to resign.

Now the hunt is on for his successor.

But the entire banking industry will be watching closely his appearance before politicians on Wednesday.

Al Jazeera Laurence Lee reports from London.

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