Bob Diamond feels the heat as Marcus Agius is set to quit

According to the Guardian, Marcus Agius, the chairman of Barclays, is resigning in a move intended to take some of the pressure off the embattled bank's chief executive Bob Diamond, who has faced calls to quit in the wake of the interest rate fixing scandal.

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Diamond 'dismayed' over claims

The former Barclays boss Bob Diamond has written to the Treasury Committee chairman saying he is "dismayed" over suggestions by members that he was "less than candid" when he gave evidence last week.