Siobhan Kennedy
RBS boss outlines plans after bank posts £8.2bn loss
Ross McEwan missed an opportunity to do something bold on Thursday. For starters, here’s a good way to restore trust in Britain’s most mistrusted bank.
Search results for ‘Stephen Hester’
116 items found
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RBS ‘recovering’ after computer chaos
RBS boss Stephen Hester says his bank is on the path to recovery after last week’s computer glitch. But he pledges that senior executives, including himself, will be held accountable for the chaos.
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RBS boss apologises over technical hitch
Stephen Hester, chief executive of RBS, apologises after a computer glitch at high street bank NatWest leaves hundreds of thousands of customers unable to complete transactions is fixed.
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RBS announces £2bn losses but claws back some bonuses
RBS boss Stephen Hester tells Channel 4 News the bank has clawed back bonuses from at least 36 employees this year.
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Do footballers trump bankers when it comes to pay?
One holds the UK economy in his hands. The other’s role is even more important – at least if you ask some people. Channel 4 News checks the Top Trumps cards of Stephen Hester and Fabio Capello.
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Osborne attacks ‘anti-business’ culture
Chancellor George Osborne warns that the row over bonuses and pay threatens to undermine business and the free market economy, as Stephen Hester urges RBS staff to “prove critics wrong”.
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Anatomy of a state-owned bank
Amid the row over RBS chief executive Stephen Hester’s bonus, Channel 4 News looks at what has happened to the bank since he took over.
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RBS chairman turns down £1.4m share bonus
One day after RBS chief executive Stephen Hester is awarded a £930,00 bonus, it emerges Sir Philip Hampton, the bank’s chairman, is to turn down a share-based bonus worth £1.4m.
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Are bankers worth their weight in gold?
As fury erupts over the £963,000 bonus awarded to Stephen Hester, chief executive of the state-owned RBS, Channel 4 News delves into the mysteries of bankers’ pay.
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Outrage at RBS boss’s bonus payout
Politicians and unions have criticised as “out of touch” the £963,000 bonus package awarded to Royal Bank of Scotland boss Stephen Hester.
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RBS boss stands to make £4.5m in shares
Royal Bank of Scotland Chief Executive Stephen Hester could get up to £4.5 million in shares, a sum Faisal Islam is going to be very awkward for the Government to justify.
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Siobhan Kennedy
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Siobhan Kennedy
RBS: the good, the bad and the ugly
The taxpayer was hit with yet more bad news today, and the prospect of us ever exiting the RBS bank and getting our money back looks as far away as ever.
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RBS to investigate its own effort to lend to small business
RBS begins an inquiry into business lending after finding it has a £20bn pot of money available for small and medium-sized businesses.
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Faisal Islam
Extra capital for UK banks. How not paying tax helps
As Britain’s banks “pad up” their capital ratios, Economics Editor explores if RBS, bailed out by the taxpayer, should be able to use its losses to not pay tax?
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Banks told to plug £27bn hole to withstand future shocks
The City regulator says Britain’s banks still need to raise £27bn to withstand future shocks. Worst off is the taxpayer-backed Royal Bank of Scotland, which is told it has a gap of £13.6bn to plug.
