FSA warned Barclays of Libor threat to Bob Diamond Therefore agreeing to BD's [Bob Diamond's] appointment at this time was on the basis that the current view of the investigation does not have an adverse effect. However, HS stressed that this is an ongoing investigation and the FSA's position could change so the board should be aware. MA [Marcus Agius] confirmed that he will notify BD. Mr Agius and Mr Diamond both resigned in July following Barclays admission that it had attempted to manipulated Libor. Jerry del Missier, the bank's chief operating officer, also resigned. Barclays is still the only bank to have settled with the authorities, paying a £290m fine to US and British regulators. Anthony Jenkins, the head of Barclays global retail and business banking business, was last month picked to succeed Mr Diamond, while Sir David Walker, formerly a senior adviser to Morgan Stanley, will replace Mr Agius as chairman in November. The Treasury Committee has held a series of hearings on Libor-rigging, calling Mr Agius, Mr Diamond and Mr del Missier, as well as Paul Tucker, the deputy governor of the Bank of England to give evidence. The Committee criticised Mr Diamond's evidence, saying it "fell well short of the standard that Parliament expects, particularly from such an experienced and senior witness." Mr Diamond responded to the criticism and said he was "disappointed" with the MPs findings. Mr Agius's own testimony had, until now, escaped criticism and he had was thanked after his appearance in front of the Committee for the candour of his answers.