It didn’t even take 24 hours. As I wrote yesterday, there were grave financial implications from the political and media hysteria over Stephen Hester’s £963,000 deferred share bonus. Sadly, as this Daily Telegraph article makes clear, my fears have become all too real. RBS lost £580m in share value yesterday (£320m in the morning alone), [...]
Posts from the 'Stephen Hester' Category
Gosh, it’s about a month since I resumed this blog, despite telling myself that I should keep it updated regularly this year. What’s prompted me out of my torpor has been the furore over the award to RBS’s CEO Stephen Hester of £963,000 in share options, deferred for two years. What follows is a bit [...]
