Diamond to 'forgo' £20m bonus amid Libor scandal

10 July 2012 Last updated at 05:42 ET Help

The Chairman of Barclays Bank, Marcus Agius, has told the Treasury select committee that the outgoing CEO Bob Diamond has voluntarily decided to forgo 'any deferred bonuses' to which he would otherwise have been entitled.

Mr Diamond could have claimed up to £20m in bonuses - despite his resignation over the inter bank lending rate scandal.

Read More

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.