Who's who in joining the UK labor Inquiry

Nigel Lawson, who served as chancellor of the exchequer under Margaret Thatcher and is now an advocate of splitting banks’ retail and investment arms, is among five members of the House of Lords selected to sit on a parliamentary investigation into the Libor-rigging scandal. Also on the panel from the upper house of Parliament are John McFall, a former chairman of the House of Commons Treasury Committee and another advocate of dividing up banks; the Bishop of Durham, Justin Welby; Liberal Democrat Susan Kramer; and a former civil servant, Andrew Turnbull. Barclays (BARC), the second-biggest U.K. bank, agreed last month to pay 290 million pounds ($453 million) in regulatory fines for manipulating the London interbank offered rate, spurring the resignations of Chairman Marcus Agius, Chief Executive Officer Robert Diamond and Chief Operating Officer Jerry Del Missier. The Serious Fraud Office opened a criminal probe into Libor- rigging two weeks ago.