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Barclays Chair Resigns Over Rate-Fixing Scandal

Company promises 'root and branch' investigation

By Kevin Spak,  Newser Staff

Posted Jul 2, 2012 8:27 AM CDT

(Newser) – Barclays Chairman Marcus Agius resigned today in penance for the company's $453 million settlement in an interest rate manipulation probe. The scandal "dealt a devastating blow to Barclays' reputation," Agius said. "As chairman, I am the ultimate guardian of the bank'...   Read full story »

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