LONDON—The chief executive of Barclays, Robert Diamond, resigned Tuesday amid intense political and investor pressure from the British bank’s involvement in rigging an important interest-rate benchmark — and another senior executive appeared close to following him out the door.
The scandal is tearing through Barclays’s top ranks. Two people close to the bank said Tuesday that Jerry del Missier, the chief operating officer, is likely to step down from his role. Monday, the bank said Chairman Marcus Agius would resign.
Mr. Agius will remain chairman while Barclays searches for his replacement — and for a new chief executive, the bank said. Mr. Diamond will leave the bank immediately.
Full Story: Barclays CEO Robert Diamond resigns