- 1 update
ITV News understands the Barclays Chairman Marcus Agius will step down. An announcement is expected in the morning.
Mr Agius and the Barclays Chief Executive Bob Diamond have been in the firing line after the bank was fined for its role in fixing the Libor inter-bank lending rate.
Both men were expected to appear in front of the Treasury Select committee next week to answer questions. MPs have told ITV News they still want Mr Agius to appear even if he is the former Chairman by then.