BARCLAYS chief executive Bob Diamond yesterday tried to put to bed any rumours that he might be leaving the bank after it was shamed with a £290m fine for fixing the Libor interest rate.
In a memo issued to staff, the Barclays chief executive said: “I understand why the reaction has been severe. No one is more sorry, disappointed and angry about these events than I am.
“I am disappointed because many of these behaviours happened on my watch. It is my responsibility to make sure that it cannot happen again,” he said.
In a sign that he is not prepared to leave, he added: “We can and will restore Barclays’ reputation.”
Rejecting the notion that the Libor scandal is “indicative of the culture at Barclays generally”, Diamond said: “I love Barclays.”