Fmr. Mayor Bloomberg named honorary knight of British Empire

NEW YORK (WABC) -- Former New York City Mayor Michael Bloomberg has been named an honorary knight of the British Empire.

But don't call him Sir Bloomberg, that title is reserved only for Brits.

He was bestowed the honor Wednesday by the British ambassador.

Bloomberg also alluded to recent reports that he's thinking about running for Mayor of London.

He said just because an American can't be called 'Sir', that doesn't mean he can't be called Mayor of London.