James Crosby, former boss of failed British bank HBOS, offered on Tuesday to give up his knighthood and nearly a third of his pension after being denounced by lawmakers for the "colossal failure" that led to his bank's collapse. He becomes the first person to voluntarily give up a knighthood for almost a century.
Wednesday, April 10, 2013
UK Bank Chief Asks to Be Stripped of Knighthood
UK Bank Chief Asks to Be Stripped of Knighthood
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