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Did Britain Just Lose Its Smartest Banker?

5:00 AM ET Tue, 3 July 2012

"In the banking community Bob Diamond was seen as a credible guy, a sort of Steve Jobs of the banking world, Olly Burrows, senior banks analyst at Rabobank told CNBC. Ian Gordon, head of banks research at Investec Securities added " I think this decision is regrettable, mob rule has won the day."