In April 2007 she became the Chief Executive of the British Bankers' Association. Bloomberg reports that, in a December 2008 statement, she declared that Libor could be trusted as "a reliable benchmark". After a verdict against the BBA at the High Court in April 2011, some BBA members criticized Knight's handling of the case and called for her to step down as Chief Executive. On 1 April 2012 Knight resigned as chief executive of the BBA but said she would remain until a replacement was found. She stepped down in September of that year.