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George Mathewson, who ran the taxpayer-owned bank before Fred Goodwin brought it to its knees, called for the SNP to support Âsensible economic and pro-business measuresÂ. The 72-year-old, who was chief executive of the Royal Bank of Scotland from 1992...
Royal Bank of Scotland, Ulster’s parent, now owned by the British taxpayer, has taken provisions to cover over £11bn to cover loan losses at its Irish subsidiary. RBS itself posted losses for 2009 of £24bn, the biggest in UK corporate history. Its...
EDINBURGH, SCOTLAND - FEBRUARY 01: A postman delivers mail to the home of Fred Goodwin on February 1, 2012 in Edinburgh, Scotland. A decision was taken yesterday to strip former Royal Bank of Scotland chief executive Fred Goodwin of his knighthood. View Photo »
RBS came to symbolise everything that went wrong with the British economy over the last decade and under Fred Goodwin that's when it happened and I think it's appropriate therefore that he loses his knighthood
A judge found RBS’s main witness, Mr Griffiths, had “unclean hands” that were “relevantly grimy”. The judgment is the latest leg in a long-running dispute between RBS and US hedge fund Highland Capital over a €240m (£192m) financing deal. Struck in the...
THE senior civil servant who recommended stripping former RBS boss Fred Goodwin of his knighthood denied that he was leant on by Prime Minister David Cameron. Read the full story at The Herald
Sir Bob Kerslake, the head of the home civil service, who also chairs the forfeiture committee, insisted Mr Goodwin’s case was considered on its merits. But senior Conservative backbencher Bernard Jenkin, who chairs the Commons public administration...
EDINBURGH, SCOTLAND - FEBRUARY 01: Journalists and photographers gather outside the home of Fred Goodwin on February 1, 2012 in Edinburgh, Scotland. A decision was taken yesterday to strip former Royal Bank of Scotland chief executive Sir Fred Goodwin... View Photo »
But what about Stephen Hester and Fred Goodwin?
“This hardly meets the standards that we expect in a free and democratic country before somebody is punished.” Mr Jenkin said it was difficult for the public to be confident that the Committee’s decisions were made objectively when it met in secret...
'Rigorous' In evidence to the Commons Public Administration Committee, Sir Bob said the "over-arching" criterion for deciding whether to strip a person of an honour was whether they had brought the system "into disrepute". He added: "Fred Goodwin got...
Sir Frederick (Dick) Anderson Goodwin CA, DUniv, FCIBS, FCIB, LLD (born 17 August, 1958) is a Scottish banker and former chief executive of the Royal Bank of Scotland (RBS). He presided over the company's rapid rise to global prominence, and its equally rapid fall. In the process he went from being chosen as European Banker of the Year 2003 to... Full Article
EDINBURGH, SCOTLAND - FEBRUARY 01: Journalists and photographers gather outside the home of Fred Goodwin on February 1, 2012 in Edinburgh, Scotland. A decision was taken yesterday to strip former Royal Bank of Scotland chief executive Sir Fred Goodwin of his knighthood.
View Photo »Royal Bank of Scotland Chief Executive Fred Goodwin smiles as he leaves the Edinburgh International Conference Centre after the bank's annual general meeting in Edinburgh, Scotland in this April 23, 2008 file photograph. Britain on January 31, 2012 said it would cancel the knighthood of...
View Photo »FILE - April 25 2007 file photo of former Royal Bank of Scotland chief executive Sir Fred Goodwin who led the bank into near collapse. Goodwin has had his knighthood canceled and annulled, the British Cabinet Office said Tuesday Jan. 31, 2012. because he had brought the honors system...
View Photo »FILE - This is a April 25, 2007 file photo of former bank boss Sir Fred Goodwin. Sir Fred Goodwin built Royal Bank of Scotland into one of the world's largest banks, and walked away with a knighthood and a fat pension after the bank's collapse. But he may still face a day of reckoning...
View Photo »The name of former Royal Bank of Scotland Chief Executive Fred Goodwin is written next to a holding cell in the disused Old Street Magistrates Court after Occupy protesters occupied the building in London December 20, 2011.
View Photo »British Prime Minister David Cameron leaves 10 Downing Street in London, on February 1, 2012, as he prepares to address the weekly Prime Minister's Questions in the Houses of Parliament. David Cameron said Tuesday that the highly unusual move to strip the former chief executive of the...
View Photo »EDINBURGH, SCOTLAND - FEBRUARY 01: Journalists and photographers gather outside the home of Fred Goodwin on February 1, 2012 in Edinburgh, Scotland. A decision was taken yesterday to strip former Royal Bank of Scotland chief executive Sir Fred Goodwin of his knighthood.
View Photo »RBS came to symbolise everything that went wrong with the British economy over the last decade and under Fred Goodwin that's when it happened and I think it's appropriate therefore that he loses his knighthood
But what about Stephen Hester and Fred Goodwin?
