Barclays boss Bob Diamond resigns amid Libor scandal

Help

Barclays chief executive Bob Diamond has resigned with immediate effect.

The move comes less than a week after the bank was fined a record amount for trying to manipulate inter-bank lending rates.

Mr Diamond said he was stepping down because the external pressure on the bank risked "damaging the franchise".

Hugh Pym reports.

BBC © 2013 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.