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"The chief executive of Barclays Bank is coming under increased pressure from politicians to resign after the bank was fined $450 million for manipulating interest rates at which banks lend to each other. He has agreed to give up his bonus this year. "

"A total fine of $452 million was levied on British bank Barclays PLC on Wednesday by US the and UK regulators for "misconduct" related to Libor and Euribor, which are benchmark rates that refer to the amount that banks levy for lending to each other. "

"Barclays Plc Chairman Marcus Agius resigned on Monday in connection with the interest rate rigging scandal that devastated the bank's reputation. Chief Executive Bob Diamond is still holding on to his job but he is under intense pressure to resign as well. "

"Following in the footsteps of the chairman of Barclays, Marcus Agius who resigned Monday over the interest rate-rigging scandal, chief executive Bob Diamond also quit Tuesday. He was under great political pressure to resign. "