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
Mervyn Edward Archdale Mervyn Edward Archdale Mervyn Edward Archdale (27 January 1812 – 22 December 1895), known was Mervyn Edward Archdall until 1875, was an Irish soldier, High Sheriff and MP. He was born the eldest son of Edward Archdall of Riversdale, County Fermanagh, who had been Sheriff of Fermanagh in 1813. He was educated at private schools in England and Brasenose College, Oxford, where he matriculated in 1830 but did not graduate. He joined the 6th (Inniskilling) Dragoons, becoming a cornet in 1832, a lieutenant in 1835 and a captain in 1841. He retired on half pay in 1847. In 1834 was