The former head of the bank Bob Diamond apologized for "reprehensible behavior" in testimony before a British parliamentary committee Wednesday. But he complained the bank had been unfairly singled out for manipulating banking loan interest rates.
"We have a profound issue — that is, an industry-wide issue, not just a Barclays issue," Robert Diamond told Parliament members Wednesday. The former head of Barclays Bank resigned Tuesday over a growing interest-rate manipulation scandal.
This year, three-quarters of the country are experiencing some level of drought, and many cities are temporarily banning fireworks. But restrictions may not keep committed revelers from the rush of lighting a fuse.
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