Diamond picks top lawyer

Barclays’ embattled former chief executive Bob Diamond is being represented by top white-collar defence lawyer Andrew Levander over his role in the Libor-fiing scandal. Levander, a partner at the firm Dechert, is one of the biggest names in the defence bar in the United States. He is currently also representing former New Jersey governor Jon Corzine in investigations into the collapse of the failed commodities brokerage MF Global. He has also represented directors of Lehman Brothers and hedge-fund manager and philanthropist Ezra Merkin, who was sued over money lost in the Ponzi scheme run by Bernard Madoff.