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) contemporaries, his fortune was largely fictitious and he was embezzling from the Bank and his daughters' trust fund. He died suddenly in 1731, perhaps having poisoned himself to forestall the discovery of his frauds, and left behind enormous debts. Humphry was the only son of Humphry Morice (c. 1640–1696), a London merchant trading extensively in Africa, America, Holland and Russia, and his wife Alice, the daughter of Sir Thomas Trollope, 1st Baronet. Because of the early death of his mother, the young Humphry was raised at Werrington, the seat of his uncle Sir William Morice, 1st Baronet. He succeeded his