NEW : Barclays will pay the legal bills of former chief Bob Diamond if necessary , a source says . Chairman Marcus Agius is giving evidence on a rate-rigging scandal . Lawsuits have been filed against the banks in the United States , and are being prepared in the UK . Agius says Barclays deeply regretted the circumstances that led to Diamond resigning . The bank has agreed to pay him and his family an undisclosed sum in compensation for their losses.
NEW : Barclays will pay the legal bills of former chief Bob Diamond if necessary , a source says . Chairman Marcus Agius is giving evidence on a rate-rigging scandal . Agius says Barclays deeply regretted the circumstances that led to Diamond resigning . The bank has agreed to pay him and his family an undisclosed sum in compensation for their losses.