LONDON – Stephen Hester reported his last set of results for bailed-out Royal Bank of Scotland Friday as he prepares to hand over the reins to New Zealander Ross McEwan. The state-controlled ...

If Hester were to meet the criteria for receiving the entire 9.7 million pounds ($15.8 million)--the maximum possible under the agreement--it would mean that the government would make 15 billion ...

CEO Stephen Hester will be leaving the bank at the end of the year. Investors had been expecting him to lead RBS through the sale of the U.K. government's 80% stake. Shares in the Royal Bank of ...

First his annual bonus is cut to just under £1million. Now it seems that Stephen Hester’s still far from insignificant fortune has taken another hit. The beleaguered Royal Bank of Scotland boss ...

Stephen Hester has come a long way since his first job - packing Polos at the Rowntree's sweet factory in York. Now the 48-year-old stands to make a mint running a troubled bank with a huge hole ...

Part-nationalised Royal Bank of Scotland <RBS.L> said on Wednesday that Stephen Hester will step down as chief executive later this year and that it will begin searching for a successor immediately.

Stephen Hester is to step down as chief executive of Royal Bank of Scotland at the end of the year as the UK government pushes for another overhaul of the part-nationalised group and prepares the ...

For Royal Bank of Scotland Chief Executive Stephen Hester, the biggest turnaround in corporate history is not over. Hester, who has shrunk RBS by 700 billion pounds ($1.1 trillion) since he began ...

Stephen Hester, chief executive of Royal Bank of Scotland, who will be leaving the bank at the end of this year after leading it through a restructuring over the past five years while under ...

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Owned 81% by the government, RBS said it was attempting to prepare for the future when it would begin to get out from under that ownership and that Hester "was unable to make that open-ended ...