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Stephen Hester

December 2023

  • Aviva chief executive Amanda Blanc

    Aviva boss Amanda Blanc and retail guru Mary Portas among business figures in new year honours list

    Insurance CEO cited for services to gender equality, while Stephen Hester and Gerald Ronson are also honoured

August 2021

  • Stephen Hester

    EasyJet appoints former RBS boss Stephen Hester as chair

    Executive to succeed John Barton as chair of budget airline on 1 December

February 2017

  • Nils Pratley

    Nils Pratley on finance
    Barclays: triple the profits, but still a work in progress

    Nils Pratley
    The note of triumphalism that accompanied the bank’s results jarred – it still faces issues in the US and elsewhere

February 2016

  • Stephen Hester

    RSA's Hester announces £523m profit and warns against Brexit

    Turnaround plan complete with better-than-expected results, as insurer’s CEO and former RBS boss reiterates support for staying in Europe

September 2015

  • The charred remains of new cars at a warehouse in China’s north-eastern port at Tianjin.

    Zurich abandons RSA takeover bid after Tianjin blasts

    British insurer’s shares nosedive as forecast $275m claims from Chinese port blasts prompt Zurich to pull takeover bid

August 2015

  • RSA’s board will recommend Zurich’s offer to its shareholders.

    RSA boss in line for windfall if £5.6bn takeover deal with Zurich goes ahead

  • Stephen Hester

    Observer business agenda
    Zurich watches the clock as RSA takeover deadline nears

    Sean Farrell
  • Pre-tax profits came in at £288m at RSA.

    RSA boss Hester says Zurich must make its bid plans clear

  • A flag flies above Royal Bank of Scotland in St Andrew Square in Edinburgh.

    RBS sale: Fred Goodwin, the £45bn bailout and years of losses

  • Royal Bank of Scotland: from bailout to sell-off

  • Observer business agenda
    Stephen Hester will want the most out of Zurich’s bid for RSA

    Sean Farrell

July 2015

  • Zurich Insurance has confirmed it is considering a bid for rival RSA.

    Zurich eyes RSA bid as major insurance shake-up looms

    Shares in RSA rise 15% after Europe’s third-largest insurer confirms interest in evaluating a possible offer

May 2015

  • Shareholders have criticised the remuneration package of its CEO Stephen Hester.

    Executive pay revolts surface at RSA Insurance and Man Group

    More than 40% of investors reject pay policy at hedge fund while one in six shareholders at insurer attack Stephen Hester’s £5m pay package
  • Stephen Hester faces a protest vote over pay.

    Stephen Hester faces pay protest vote despite RSA turnaround

    Former Royal Bank of Scotland boss says insurer is moving ahead with turnaround but held back by low interest rates
  • Stephen Hester

    Observer business agenda
    Tally ho! More ‘exceptional’ dosh spotted for Stephen Hester

    Simon Goodley
    Investors are poised to protest at another extra £3m or so for the RSA boss

March 2015

  • George Osborne RBS

    George Osborne plans swift post-election sale of RBS stake

    Chancellor says he wants to ‘get moving’ to ensure taxpayers, who own 79% of bank, get their money back

February 2015

  • RBS and LLoyds

    Lloyds v RBS - two banks with different problems and very different results

    Both banks were bailed out at enormous cost to the taxpayer. One has turned things around while the other is still suffering

November 2014

  • RBS was fined for its traders' role in helping rig foreign exchange markets.

    New RBS row over £1m payout to ex-chief Stephen Hester

    Anger at payment after RBS was fined for forex market rigging as MPs warn new rules to rein in banks are vulnerable to lobbying

September 2014

  • RBS

    Nils Pratley on finance
    Citizens' flotation offers vindication for both ex-RBS boss Hester and Osborne

    Only 25% of US arm to be sold first, and RBS will have to show it can rid itself of rest in time at similarly capital-enhancing level

August 2014

  • Stephen Hester

    Observer business agenda
    Stephen Hester: the City's bomb disposal expert

    He has performed the task at RBS and British Land, now he is donning the suit from the Hurt Locker at insurer RSA
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