James Crosby

Who is James Crosby?

James Robert Crosby was Deputy Chairman of the Financial Services Authority from January 2004 until he resigned on 11 February 2009. He had previously been the chief executive of Halifax Bank until its merger with Bank of Scotland to form HBOS, of which he was Chief Executive until 2006. On 3 December 2012 Crosby was required to appear before Britain's Parliamentary Commission on Banking Standards.

Crosby was knighted for services to the financial industry in 2006, but offered to renounce his knighthood in 2013 following the official report into the collapse of HBOS. The Honours Forfeiture Committee considered his request and his knighthood was formally cancelled and annulled on 6 June 2013.