Ex-BOE Deputy Tucker Awarded Knighthood in Honors List
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Former Bank of England Deputy Governor Paul Tucker, who lost out on the top job at the central bank after being drawn into the Libor-rigging scandal, was given a knighthood in Britain’s New Year’s honors list.
Tucker “made a substantial contribution to the stability of the U.K. economy and financial system,” according to the citation published by the Cabinet Office in London yesterday. As a knight, he’ll be entitled to put “Sir” in front of his name and will receive his honor from Queen Elizabeth II or another member of the royal family in a ceremony at Buckingham Palace.