David Cameron has described the removal of Fred Goodwin's knighthood as "the right decision".
Following RBS boss Stephen Hester's refusal of a bonus, it will be another bit of banker-bashing publicity for the prime minister to wield.
Previously, only convicted criminals or people struck off of professional bodies have had knighthoods taken away.
Tonight, David Grossman looks at the seemingly insatiable appetite for retribution against those deemed responsible for the financial crisis, but are the punishments just token gestures?
The Western-Arab drive to adopt a UN resolution on Syria is a "path to civil war", Russian Deputy Foreign Minister Gennady Gatilov has warned.
He said demands for President Bashar al-Assad to stand down would "not lead to a search for compromise".
But the UK Foreign Secretary William Hague told the BBC that Russia would be increasingly isolated across the Arab World if it vetoed the UN resolution.
The resolution will be discussed at an imminent UN Security Council meeting on the deepening Syrian crisis, after a day of particularly heavy bloodshed and with the army on the streets in Damascus.
Our Diplomatic and Defence editor Mark Urban will be unpicking the key players' positions.
And the BBC's technology correspondent will be taking a look at the finances behind the floatation of internet megalith Facebook.