Mervyn King, Baron King of Lothbury banks", pinpointing the banks' sense of grievance on their finding it "very, very difficult to face up to the failure of their banking model". With King's term as governor ending in 2013, top UK banks have warned that unless a less "hostile" figure is found as a successor, they may feel it necessary to move abroad. On 26 November 2012, Mark Carney was named as King's successor. King had faced accusations of refusing funding to the Northern Rock Bank, precipitating a run on that bank, a situation not seen in the UK since 1914. King later said that it had
Humphry Morice (Governor of the Bank of England) in 1720, and on 5 June 1722, he married Catherine, daughter of Peter Paggen of Wandsworth, Surrey, and widow of William Hale. They had two sons, Humphry (1723–1785) and Nicholas (d. 1748). Morice served as Deputy Governor of the Bank of England from 1725 to 1726, and as Governor from 1727 to 1729. During this period, he defrauded the bank of £29,000 by presenting fictitious bills of exchange for discounting by the Bank. He died suddenly on 16 November 1731, possibly of gout, but he was widely believed to have poisoned himself to forestall exposure. After his death, the enormous