RBS Finance Director Nathan Bostock Resigns

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Dec. 11 (Bloomberg) –- Bloomberg’s Caroline Hyde reports on RBS losing another top executive, the second one this year with the departure of the company’s CEO 6 months ago. She speaks to Mark Barton and Anna Edwards on Bloomberg Television’s “Countdown.” (Source: Bloomberg)

Hyde -- caroline hyde.

It slightly does ring alarm bells.

He had only been made chief financial officer.

We understand that he is going to be remaining in his position to oversee an orderly handover.

Could be anywhere up to 12 months.

Second time this year losing a top executive.

This is a difficult time for rbs.

Last week, they had technology problems.

Fined by the eu for rigging interest rates.

A glut of poor headlines.

He is trying to turn it around.

He is unveiling his new strategy just to get some reassurance from the other senior executives.

Will they stick by him?

As rbs shrinks, they warned us of a substantial fall after they have been toxic assets.

Nathan bought stock is returning to his old employer.

He was the chief financial officer there.

Going back as cfo, this is where the speculation.

Hsbc, a potential ip a -- ipo?

The markets picked up so much, so it is out on the cards.

Will this be a promise that he will take the reins of power?

It is small compared to rbs.

Nathan did step dish -- did threaten to leave two years ago.

They promised him the role of cfo.

Thank you very much.

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This text has been automatically generated. It may not be 100% accurate.

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