Del Missier renews pressure on BoE over Libor scandal
The former chief operating officer of Barclays Bank, Jerry del Missier, yesterday, appeared before the UK parliament's Treasury Select Committee and clearly stated he was told the instruction to alter the bank's Libor rates had come from the Bank of England.
Pressed on why he had told colleagues to submit lower Libor rates, Del Missier trod carefully but nevertheless contradicted the testimony of his former boss, Bob Diamond. The former chief executive of Barclays faced the Committee on July 4
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