Monday November 23, 2020

Newsmaker: James Crosby relinquishes his knighthood

Former HBOS chief executive James Crosby was shamed into relinquishing his knighthood and 30 per cent of his pension over his role in bringing down the bank.

13th April, 2013
James Crosby: former HBOS chief executive. Company was 'a manual for bad banking'. Photo: Bloomberg

Irish bank directors who were in place before the crash in 2008 must have looked with some trepidation across the water to Britain last week, after former HBOS chief executive James Crosby was shamed into relinquishing his knighthood and 30 per cent of his pension over his role in bringing down the bank.

The disgraced former banker voluntarily surrendered about £175,000 per year and gave up the right to use "Sir" before his name to make up...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 10 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 5 years ago