Page last updated at 10:23 GMT, Tuesday, 10 February 2009

Former bank chairmen say 'sorry'

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The former chairman of HBOS Lord Stevenson of Coddenham and the former chairman RBS Sir Tom McKillop have said they are 'profoundly sorry' for the distress caused by the banking crisis.

The former bank executives were giving evidence to the Treasury select committee as part of its inquiry into the banking crisis.

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