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If Diamond Steps Down It Would Set Dangerous Precedent: Analyst

Friday, 29 Jun 2012 | 1:30 AM ET

"There are probably twenty banks that have been implicated; I think Barclays might regret being the first ones to settle you may have read the wording of the settlement was actually complementary in terms of their cooperation, unfortunately the noise around the CEO is severe," Chris Wheeler, bank analyst at Mediobanca, told CNBC.