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The British government might not have lost nearly as much on its stake in the bank had circumstances been different.
The bank formerly known as RBS was a symbol of pre-global financial crisis era excess when the sprawling lender, riddled with ...
Here’s a timeline with key dates from the bailout of NatWest through to its return to privatisation on Friday.
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 ...
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 ...
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 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 ...
Royal Bank of Scotland boss Stephen Hester admitted today he had "underestimated" the furore his s1 million bonus would cause. Mr Hester, chief executive of the 83% state-owned bank, disclosed ...
He could hardly have claimed it was The World's Best Job. Stephen Hester inherited RBS when it was on its knees following the disastrous takeover of ABN Amro, when senior management had been ...
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...
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