Barclays Libor scandal: Bob Diamond’s key quotes
“We’ve talked about the ‘no-jerk rule’ – we’re serious at Barclays… that when people don’t behave, they have to leave. We missed it here. We missed it with 14 people”
“When I read the e-mails from those traders I got physically ill. It’s reprehensible behaviour”
“I love Barclays. History will judge Barclays as an incredible institution, because of its people. We need to get through this period and the best way to do that is for me to step down”
“This week the focus has been on Barclays because they were first. I worry that the world looks at Barclays in a way that is not representative of the firm I love so much”
“There was a perception in Whitehall that our rates were high. It was clear that a number of banks who were posting lower than we were, were having trouble funding but we had the highest Libor”
“I don’t feel personally culpable but I do feel a strong sense of responsibility, a very strong sense when we find mistakes, we recognise them, we are open about them”
Email to a friend
Print this page
Looking for...
Featured advertisers
Jobs
Search for a job
Motors
Search for a car
Property
Search for a house
Weather for Edinburgh
Friday 24 May 2013
Today
Sunny spells
Temperature: 3 C to 13 C
Wind Speed: 20 mph
Wind direction: North east
Tomorrow
Sunny
Temperature: 7 C to 17 C
Wind Speed: 13 mph
Wind direction: West
