Epstein Secrets

r his chief executive Andy Hornby, at this stage but later he described to me the `perfect storm' that had engulfed their business. I also knew the Lloyds TSB chairman, Victor Blank, because he also chaired the company that owned the Mirror newspapers. Victor, rather unfairly I thought, did not surviv

lowing an outburst of shareholder discontent. In the case of RBS, there was a wholesale and deserved clear out of executives and board members with Stephen Hester coming in as new chief executive. In Stephen's case, it was striking to me, just as in politics, what a difference the strength of personality and c

r his chief executive Andy Hornby, at this stage but later he described to me the `perfect storm' that had engulfed their business. I also knew the Lloyds TSB chairman, Victor Blank, because he also chaired the company that owned the Mirror newspapers. Victor, rather unfairly I thought, did not surviv

lowing an outburst of shareholder discontent. In the case of RBS, there was a wholesale and deserved clear out of executives and board members with Stephen Hester coming in as new chief executive. In Stephen's case, it was striking to me, just as in politics, what a difference the strength of personality and c

deposit insurance levy of between 50 and 100bps which they'll announce tomorrow. European markets also broadly higher to start the session. SocGen, Lloyds, Danske Bank all trading up over +7-8% on solid numbers has the Stoxx600 Bank Index (SX7P) leading the way up. Healthcare underperforms as Sanofi i

BITDA good driven by digital, increase rev guidance (trading +1.2%) • RBS looks set to appoint insider Ross McEwan as its new CEO (taking over from Stephen Hester) • ECB's Jens Weidmann backs releasing minutes of their meetings in a timely fashion says FAZ (MNI) • Sony O1 profit comes in much better than con