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'Brown & Labour to suffer bankers' fate'

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Published on Jul 5, 2012

Barclays former boss has tried to distance himself from the rate-rigging scandal that's shaken the bank. That's after he was quizzed by MPs. Bob Diamond was also grilled on the allegations the Bank of England and political top brass were involved in overcharging interest on loans. Investors are now wondering whether Barclays Banks can bounce back.

Financial advisor Patrick Young believes the whole system needs to be revamped before banks can be trusted again.

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