Former HBOS chief Sir James Crosby has also announced today that he will stand down as a trustee of charity Cancer Research UK.
He said he had made the decision "with great personal sadness," but that he wanted to "put their interests firmly before mine".
He also said in the statement that he was "deeply sorry for what happened at HBOS" and that he has "always tried to act with integrity and to the best of my abilities".
More top news
Police are attempting to find a vulnerable missing 16-year-old girl who is feared to be with a 51-year-old man.
A "selfish and wicked" mother has been jailed after filling in false paperwork to stop her ex-husband from attending their son's cremation.
As Ireland went to the polls for a key gay marriage referendum, thousands shared their trips home to take part on the #HomeToVote hashtag.