Diamond Not in the Running

Daily MailJune 22, 2005

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Summary


WALL Street bank Morgan Stanley was dealt another humiliating blow yesterday as the most high-profile candidate for the vacant job of chairman and chief executive ruled himself out of the running.

Bob Diamond, head of UKowned Barclays Capital, told colleagues he would not be replacing Philip Purcell, ousted after a bitter, long- running and very public spat with some of his senior directors.

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Diamond Not in the Running

Diamond'...

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