Entries tagged "Stephen Hester"

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RBS: Will need longer for branches sale

The Edinburgh institution says it probably won't meet the EC's year-end deadline for selling 316 branches it must shed in exchange for state aid clearance. Continue reading

Posted on February 28, 2013 9:57 AM

Can Hester arrest Citizens' sale?

Plans for a partial IPO of the Rhode Island lender could morph into an outright divestiture. Continue reading

Posted on February 26, 2013 3:23 PM

Full RBS nationalization still a long shot

A mid-summer report brought the renewed specter of a full nationalization, but an informed source dismissed the prospect. Continue reading

Posted on August 2, 2012 11:19 AM

Stephen Hester: RBS's chief executive gives back

An avoidable row over the compensation of the Royal Bank CEO has left him, the bank's board and Prime Minister Cameron diminished and humiliated. Continue reading

Posted on February 3, 2012 12:00 PM

RBS to cut jobs, investment banking assets

The restructuring, which entails up to 3,500 new job cuts. comes as impending regulatory changes threaten to make investment banking costlier Continue reading

Posted on January 12, 2012 9:08 AM

Gnarly nationalization

The U.K. took control of Royal Bank of Scotland barely a year after it led the world's most expensive financial services takeover. Continue reading

Posted on February 20, 2009 3:21 PM

Movers & shakers: Feb. 11, 2009

UBS, which reported a fourth-quarter loss of Sfr8.1 billion ($6.9 billion) and an annual loss of $17 billion, will cut almost 2,200 jobs from its... Continue reading

Posted on February 11, 2009 12:00 AM

Movers & shakers: Feb. 9, 2009

Singapore's $134 billion sovereign wealth fund, Temasek Holdings Pte. Ltd., named Charles Goodyear (pictured left) to succeed Ho Ching (right) as CEO on Oct. 1.... Continue reading

Posted on February 9, 2009 12:00 AM

Movers & shakers: Aug. 28, 2008

In a boardroom shakeup, Royal Bank of Scotland Group plc announced that Stephen Hester (pictured), John McFarlane and Arthur Ryan were appointed non-executive directors of... Continue reading

Posted on August 28, 2008 12:00 AM

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