Tuesday, January 31, 2012

Stephen hester rbs ceo

  • LONDON -- Britains leaders, politicians and union leaders on Monday welcomed the decision by the chief executive of nationalized Royal Bank of Scotland to refuse, under huge media pressure, a million-pound ($1.6 million) bonus.
  • (Huffington Post)
  • Diamond is the next executive likely to face scrutiny as Royal Bank of Scotland Group Plc CEO Stephen Hester waived his 963,000-pound ($1.5 million) bonus after the payout sparked a political and public backlash.
  • (Businessweek)
  • RBS CEO Stephen Hester could theoretically receive an 8 million pound bonus under a long-term incentive plan that gives him a maximum of 375 percent of his annual 1.
  • (Reuters UK)
  • Frankly the office of CEO has been rubbished by the unparalleled pressure bank branch and processing staff at RBS that Stephen Hester has finally bowed to public pressure to waive his nearly £1 million bonus.
  • (The Guardian)
  • THE battle over RBS CEO Stephen Hesters pay has absorbed an awful lot of weekend press and media in Britain - one might call it a bout of Hesteria.
  • (Economist.com)
  • Royal Bank of Scotland Group Plc (RBS) Chief Executive Officer Stephen Hester will waive his 2011 bonus, amid increasing pressure for him to forgo the award.
  • (Bloomberg)
  • Jan. 30 (Bloomberg) -- U.K. Foreign Secretary William Hague said Royal Bank of Scotland Group Plc Chief Executive Officer Stephen Hester made a "sensible and welcome decision" in waiving his 963,000-pound ($1.
  • (Businessweek)
  • A spokesman for the partly state-owned bank said CEO Stephen Hester would no longer be taking have called on the government to use its 83 percent stake in RBS to cancel Hesters bonus. Salaries at RBS and Lloyds (LSE:LLOY.
  • (Yahoo Finance)
  • U.K. Labour opposition leader Ed Miliband will seek a lawmaker vote on RBS (RBS) CEO Stephen Hester's 2011 bonus. Labour is planning a debate and a vote, which will not be binding, the week beginning Feb. 6, Miliband's office said by telephone today.
  • (Bloomberg)
  • The New York Times reported that the Royal Bank of Scotland (NYSE:RBS) announced yesterday that it would pay its CEO, Stephen Hester, a $1.5 million bonus representing less than half the bonus he received last year.
  • (Financial News Network Online)

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