Description: Robert Diamondâ€™s resignation, effective immediately, as chief executive officer of Barclays PLC UK:BARC -2.05%Â BCS -1.72%Â Tuesday morning in the wake of the Libor-manipulation scandal comes a day after he reportedly sent a letter to employees saying he was â€œsorryâ€ and pledged to impose tougher internal controls. Full story: Bob Diamond resigns as Barclays CEO.
Date: July 03, 2012
Questions for Discussions:
- Do you believe there is an internal control problem?
- IsÂ the culture within these institutions the problem?
- Is this resignation going to make any difference to future management operations, in your opinion?