Tucker Libor Testimony Seen Following Diamond’s
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Bank of England Deputy Governor Paul Tucker may be asked to give his version of events to lawmakers over a telephone call with Barclays Plc’s Robert Diamond as the Libor furor intensifies.
George Mudie and Andy Love, opposition Labour Party members of the Treasury Committee who will question Diamond in Parliament today, said Tucker should also testify. His name was drawn into the fray after the lender released a note of a 2008 call purporting to show that Tucker, the central bank’s markets director at the time, hinted the firm could cut its Libor rates.