Bank chiefs 'should be qualified'

The former bank bosses apologised for their part in the crisis

The government is being urged to ensure that in future the chief executives of Britain's banks have a "recognised banking qualification".

The call has come in a Commons motion, tabled by the Labour MPs Gordon Prentice and Paul Flynn.

It follows the admission in a select committee hearing from former bosses of the RBS and HBOS that they did not have any banking qualifications.

Both banks were "bailed out" with