Stephen Hester

52 results

John Hourican, CEO of Bank of Cyprus, photographed in Dublin. Photograph: Dave Meehan/The Irish Times

John Hourican, the Irish banker hired in late 2013 to help stabilise a lender at the epicentre of Cyprus’s financial crisis, had barely waded through (...)

Photograph: iStock

Insurer RSA said its Irish business improved strongly in the first half of 2018, increasing profit despite the impact of Storm Emma and other adverse (...)

RBS was among the first European banks to set up a unit to house its toxic assets after the financial crisis.

Royal Bank of Scotland has closed the “bad bank” it created to handle a vast pile of toxic assets after the financial crisis nine years ago, having ra(...)

Net premiums for RSA’s Irish division rose by 1 per cent to £152 million in the six months to June 30th. Photograph: Simon Dawson/Bloomberg

British motor and home insurer RSA posted an above-forecast operating profit of £360 million (€402 million) in the first half, led by strong performa(...)

“Two minutes into my speech, and I was aware the laughter was strained – and it became more so as I ploughed on.” Photograph: Getty Images

I took a train to Oxford last Wednesday to give a speech to the benefactors of my old college. I was in excellent spirits. The sun was shining and I w(...)

RSA Ireland,  Dundrum, Dublin

RSA Insurance Ireland’s operating loss widened by 62 per cent last year after the country’s once-largest provider of motor and property coverage was f(...)

Bank of England governor Mark Carney leaves 10 Downing Street in London on Monday. Photograph: Leon Neal/Getty Images

In the hours after Britain voted to leave the European Union, there was a hole where political command should have been. David Cameron quit as prime m(...)

A more radical overhaul, which was only possible in the past few years,  has involved pulling out of 25 markets globally to focus primarily on the UK and Ireland

The former head of Royal Bank of Scotland said in 2009 it could take up to five years to recover from the biggest bank bailout in British history. At(...)

RSA saw  premiums for its Irish business rise 11 per cent in the first half of the year on the back of hefty rate increases. Photograph: Simon Dawson/Bloomberg

British insurer RSA on Thursday said that premiums for its Irish business rose 11 per cent in the first half of the year, on the back of hefty rate in(...)

Aviva Insurance chief executive Mark Wilson: Salary  more than doubled his pay packet to £5.7 million

Aviva’s chief executive Mark Wilson’s take-home pay more than doubled to £5.67 million last year, after the purchase of rival Friends Life, the Britis(...)

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