Former HBOS chief executive Sir James Crosby is to give up his knighthood and a third of his pension, according to reports.
He was top boss of the failed bank from 2001 to 2006. The BBC said his request would now be considered by a Whitehall honours committee. In a statement , he said: "Although I stood down as CEO of HBOS in 2006, some three years before it was taken over by Lloyds, I have never sought to disassociate myself from what has happened. "I would therefore like to repeat today what I said when I appeared in public before the commission in December; namely that I am deeply sorry for what happened at HBOS and the ensuing consequences for former colleagues, shareholders, taxpayers and society in g...
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