London Library accepted a £1m pledge from a member of the Sackler family in 2012. The library used £100,000 of that amount. The remaining £900,000 was not used by 2015 because the library's refurbishment plans had changed and no longer matched the purpose for which the donation had been pledged.

An article published on August 12 incorrectly reported that the donation had been rejected by the library because of the Sackler family's role in manufacturing prescription painkiller OxyContin.

London Library rejects £1m Sackler family donation

FN Staff

Meet the Most Influential in European Finance

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Coutts hires ex-JPMorgan banker James Todd as next private client boss

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

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US law firm hires private equity specialist from key client

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The appointment rewards the executive who led the bank back from a scandal involving the creation of millions of fake customer accounts.

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The shooter who killed four including Blackstone executive and NYPD officer left suicide note indicating he believed he had CTE from brain trauma, Adams says

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