The new boss of Royal Bank of Scotland has sought to reassure staff about the result of an on-going review into whether to hive off a "bad" bank out of the bailed out lender.
The Treasury pushed Stephen Hester out of his job as chief executive of Royal Bank of Scotland to cut the cost of his pay-off from the state-backed lender, according to a new book.
It took just two hours after his successor Ross McEwan was announced for Stephen Hester to revealed his post-RBS plans.
Royal Bank of Scotland has named the head of its U.K. consumer unit chief executive officer as the government presses the lender to shrink its investment-banking operation.
A little-known New Zealander appears poised to take on one of the highest profile roles in UK banking by becoming chief executive of the bailed-out Royal Bank of Scotland.
Who's the man ?
Speculation was mounting on Friday night that Barclays is considering raising as much as £7bn to bolster its capital position after weeks of discussion with the Bank of England.
Looks like it won't be that easy to replace RBS CEO Stephen Hester.
RBS has been urged to speed up its hunt for Stephen Hester's successor.
Here's a note of 7 things Royal Bank of Scotland CEO Stephen Hester has said: