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Mayoral hopeful engages Barclays' Diamond for community fund advice

Barclays president Bob Diamond will pool his philanthropic and financial experience after agreeing to advise a fund devised by Boris Johnson that will aim to raise money from the City of London to support community projects, provided Johnson is elected London mayor next month.

US-born Diamond, who is chief executive of Barclays’ investment banking and investment management businesses and one of the most high-profile bankers in the City, stands to become the first big-name adviser to Johnson, who is the UK Conservative party candidate in the mayoral elections on May 1.

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