His departure follows bank's $455 million fine last week for rigging Libor.
By Ambereen Choudhury and Liam Vaughan|July 03, 2012 at 03:10 AM
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Robert Diamond, the architect of Barclays Plc’s investment banking expansion, stepped down as chief executive officer, succumbing to political pressure to go after the bank admitted to rigging global interest rates.