Fox Business - The Power to Prosper
Search Site

Wednesday, April 7, 2010 as of 11:14 AM ET

Fred Goodwin

Fred Goodwin

Frederick Anderson "Fred" Goodwin (born 17 August 1958) is a Scottish chartered accountant and former banker who was CEO of the Royal Bank of Scotland Group (RBS) between 2001 and 2009.

Read More at Wikipedia
RBS CEO Hester: Considered Resigning During Bonus Row

Stephen Hester, chief executive of the largely government-owned Royal Bank of Scotland Group PLC (RBS), Wednesday said he had considered resigning from the bank during the recent row over his bonus.

Hester said there had been some "deeply depressing moments" during the furore, but ultimately he decided that leaving the bank--which he had been appointed to help rebuild after its near collapse during the financial crisis-- would have been "indulgent."Hester in January waived his 2011 bonus of GBP963,000 (around $1.5 million) in response to a political backlash in the U.K.Hester, speaking to BBC Radio 4's Today program Wednesday, said he understood that there were "societal issues" at play behind the reaction to his bonus and to bankers pay more broadly. He also acknowledged that "hubris set in" in the banking industry during the boom years prior to the financial crisis.But he said that there needed to be a balance in society between the need to ensure "equality of opportunity," and a syst...

Read More

  1. RBS agrees $3 bln WorldPay deal with Advent, Bain

    (Updates with WorldPay deal, further detail)By Sudip Kar-GuptaLONDON, Aug 6 (Reuters) - Royal Bank of Scotland clinched the $3 billion sale of a majority stake in it...

  2. After Greece: Who's Next?

    LocateStock.com's John Tabacco and Global Macro Strategy's Fred Goodwin on debt troubles in the European Union.

  3. How Well is Obama Doing at Selling the Plan?

    Obama holds news conference to defend budget

  4. RBS: The Enron of Europe?

    British pension funds sue RBS.

  5. RBS and HBOS Face the Music

    RBS/HBOS heads explain what went wrong.

  1. Former RBS CEO Fred Goodwin's Knighthood Withdrawn

    Former Royal Bank of Scotland Group PLC (RBS, RBS.LN) Chief Executive Fred Goodwin was stripped of his knighthood Tuesday after a U.K. government committee ruled he ...

  2. UK Cameron: Welcome Decision To Withdraw Goodwin Knighthood

    U.K. Prime Minister David Cameron said Tuesday that he welcomed the decision to withdraw the knighthood honor given to Fred Goodwin , the former chief executive of R...

  3. Former RBS CEO Fred Goodwin's Knighthood To Be Withdrawn - UK Government

    The knighthood awarded to former Royal Bank of Scotland Group PLC (RBS, RBS.LN) chief executive Fred Goodwin has been withdrawn after a U.K. government committee rul...

  4. Former RBS Chief To Be Stripped Of Knighthood

    Fred Goodwin , the former head of the Royal Bank of Scotland , is about to lose his knighthood for his role in running the institution into the ground so far that it...

  5. FSA's Sants To Be Quizzed Ahead Of New Job, After RBS Hearing

    The Financial Services Authority's chief executive Hector Sants will be questioned further by the U.K. Parliament's Treasury Committee before taking up his position ...

  6. UK Cameron: Will Again Limit State-Owned Bank Bonuses To GBP2,000

    U.K. Prime Minister David Cameron Thursday said that the coalition government would, for a second year, limit bonus payments at state-owned banks to GBP2,000 per emp...

  7. RBS agrees $3 bln WorldPay sale to Advent, Bain

    (Updates with closing share price)By Sudip Kar-GuptaLONDON, Aug 6 (Reuters) - Royal Bank of Scotland has clinched the $3 billion sale of a majority stake in its Worl...

Freebase CC-BY
Source: Fred Goodwin on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL