Barclays's Diamond Resignation, Banking Industry

July 3 (Bloomberg) -- George Magnus, a senior economic adviser at UBS AG, talks about the resignation of Barclays Plc Chief Executive Officer Robert Diamond after the bank admitted to rigging global interest rates and outlook for the banking industry. Magnus, speaking with Tom Keene and Sara Eisen on Bloomberg Television's "Surveillance," also discusses the U.K. economy. (Source: Bloomberg)