Former Barclays boss Bob Diamond wanted to raise funds privately in the financial crisis to preserve his own job, a court has heard.

Mr Diamond reportedly told a meeting “This is all about saving jobs – mine and John’s”, referring to then chief executive John Varley.

The quote was recalled by former Barclays executive Richard Boath, currently on trial at Southwark Crown Court together with Mr Varley.

In an interview with the Serious Fraud Office (SFO) played to the court, Mr Boath related Mr Diamond’s statement in June 2008.

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