NO BONUS: U.K. bank Barclays has agreed a resignation package with ex-CEO Bob Diamond that calls for him to forfeit up to 20 million pounds ($31 million) in bonuses and incentives, but receive a year’s salary, pension and other benefits worth 2 million pounds ($3.1 million).
SCANDAL: Diamond resigned last week after Barclays was fined $453 million by U.S. and U.K. regulators for making false reports of its borrowing costs between 2005 and 2009.
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