Sir Mervyn King has defended his discussion with Barclays about the then boss Bob Diamond.
He said that he did not "fire anyone," but that he simply re-stated the regulators concerns.
I said to them that I really wanted them to understand how concerned the regulators were.
Sometimes you can hear the message from the regulators and not really engage in it.
Sometimes it can be helpful to have a third party say 'Do you really understand how worried they are?' and I think they found that helpful.
I heard the concerns the regulators had and I wanted to impress upon the non-executive board of Barclays the regulators had real concerns.
More top news
Ted Robbins is "doing well" and is expected to be "fit and healthy soon" after collapsing on-stage during Phoenix Nights Live, his wife said
Doctors in India have carried out what is believed to be the world's first double hand transplant to be performed on a non-white patient.
Prince George is not only heir to Britain's throne, but a future long distance runner too, if his uncle has anything to do with it.