Sir Peter Burt

In last week's article, 'New bank investors snub Sir Peter Burt' (10 January 2010) we incorrectly stated that Sir Peter had 'been forced to sever his ties with the new banking venture being launched by Sandy Chen'. In fact, Sir Peter decided several months ago not to participate in the venture despite being twice invited to do so. We apologise to Sir Peter for this error and, at his request, have made a donation to the Haiti disater appeal.