Diamond 'poised for City comeback'

Controversial former Barclays boss Bob Diamond is reportedly poised to make a dramatic City comeback in his first move since quitting the bank in the wake of the Libor rate-rigging scandal.

Mr Diamond - once described by Lord Mandelson as the "unacceptable face of banking" - is understood to be planning to create a new African-focused banking group listed on the London stock market before the end of the year.
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