RBS chief executive Sir Fred Goodwin has this morning resigned as boss of the beleaguered banking group.
After days of intense speculation regarding his future, Sir Goodwin has walked away from the bank which today reached an agreement with the Government over a £20bn capital injection. Sir Goodwin took severe criticism over RBS' £12bn British record rights issue in June, with the bank's entire capital now worth less than the initial cash call. Former Abbey finance director and current British Land chief Stephen Hester, who is on the RBS board, was named the new boss. Contact: Hysni Kaso 0207 484 9793 [email protected] IFAonline
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