Banking culture - FSA had concerns over Barclays

The UK's financial regulator expressed concerns about cultural failings at Barclays under the leadership of Bob Diamond four months before the bank was hit with a fine that led to his dramatic resignation as chief executive.

The revelations came during Mr Diamond's three-hour grilling by a parliamentary committee on Wednesday, a day after he stepped down from Barclays over the record 290m fine it received for attempting to manipulate interbank lending rates ... READ MORE

Released by the Financial Times - 4 July 2012