Sants knighthood petition receives 1,000+ signatures

Nicola Brittain
clock

An online petition calling for Hector Sants' nomination for a knighthood to be withdrawn has received more than 1,000 signatures.

'Roger C' set up the community petition on Avaaz.org on Thursday, arguing Sants is not worthy of the honour. The petition argues that Sants, when chief executive of the Financial Services Authority, failed to respond adequately to the financial crisis or maintain a fair regulatory system. The e-petition had received 1,042 signatures as of 7:30am on Friday. It reads: "I am shocked the government has nominated Hector Sants for a knighthood. Along with many other politicians, bankers and regulators, he was, according to MPs, 'asleep at the wheel', and in part responsible for the finan...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Wealth managers

The existential threat at the heart of Britain's biggest wealth manager

The existential threat at the heart of Britain's biggest wealth manager

Fees made St James's Place rich but now risk toppling the firm

Chris Newlands
clock 15 May 2024 • 10 min read
St James's Place results lay bare cost and charging challenges against market tumult

St James's Place results lay bare cost and charging challenges against market tumult

'Structural opportunity' for advice industry

Hope Coumbe
clock 28 February 2024 • 3 min read
SJP CIO Onuekwusi: Retail investors lack appropriate structure to access private markets

SJP CIO Onuekwusi: Retail investors lack appropriate structure to access private markets

Open-ended structures 'have to work'

Valeria Martinez
clock 01 December 2023 • 2 min read
Trustpilot