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Ex-Barclays CEO To Appear Before British Panel

Wed, July 4, 2012 8:00am

Story by Jim Zarroli




Listen to this story on npr.org »

The former chief executive of the British bank Barclays is appearing before a parliamentary committee in Britain Wednesday. Bob Diamond, who resigned Tuesday, is supposed to answer questions about the rate-setting scandal at the company. Barclays released documents Tuesday suggesting that a Bank of England official may have pressured the bank to lower its rates.

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