FSA Raised Libor Worries About Ex-Barclays CEO In 2010

Law360, New York (September 19, 2012, 2:55 PM EDT) -- The former U.K. Financial Services Authority chief raised concerns that the outcome of an ongoing probe into rigging of the London Interbank Offered Rate could affect the agency’s view of former Barclays PLC CEO Robert E. Diamond Jr.'s suitability for the job prior to approving his ascension in 2010, according to documents released Wednesday by a parliamentary panel.

According to the emails released by the parliamentary committee, Hector Sants, the former FSA chief, told outgoing Barclays Chairman Marcus Agius that the investigation it was conducting in...
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