Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Royal Bank of Scotland Group    RBS   GB00B7T77214

ROYAL BANK OF SCOTLAND GROUP (RBS)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets
OFFRE ETE Zonebourse : Jusqu'à 6 mois offerts sur tous les portefeuilles
The feature you requested does not exist. However, we suggest the following feature:

RBS's Stevenson to become finance chief at HSBC

share with twitter share with LinkedIn share with facebook
share via e-mail
0
06/25/2018 | 03:16pm CEST
FILE PHOTO - The HSBC bank logo is seen at their offices in the Canary Wharf financial district in London

LONDON (Reuters) - Ewen Stevenson, currently chief financial officer of the Royal Bank of Scotland, is to become finance director of Britain's HSBC, HSBC said on Monday.

Stevenson will replace Iain Mackay who is retiring. HSBC CEO John Flint described Stevenson as a "strategic thinker" and "accomplished expert" in his field.

"He brings a wealth of international experience and will be a welcome addition to the senior management team," Flint said in a statement.

Flint thanked Mackay, 56, for his 11 years of service, eight of which were in his current role. Specific retirement and appointment dates will be confirmed in due course, HSBC added.

The appointment of 52-year-old Stevenson completes a new top team at HSBC, with CEO Flint and Chairman Mark Tucker also taking up their posts in the past year.

Since joining RBS in 2014 and alongside RBS CEO and fellow New Zealander Ross McEwan, Stevenson has led efforts to turn around the bank's fortunes following its 45.5 billion pound bailout in 2008.

RBS has spent the last decade shedding trillions of dollars in assets and dealing with the legal and regulatory hangover from an unfettered pre-2008 global expansion.

Since the start of the year, the bank has resolved a number of key legacy issues, with Stevenson playing a key role.

It announced his surprise departure in May, without specifying what his next job would be.

"For the past four years Ewen has worked tirelessly with me and my executive team to make RBS a much simpler, safer and more customer focused business and resolve a number of major legacy challenges," McEwan said at the time.

British newspapers speculated following announcement of his departure that Stevenson would move to HSBC, but the CFO declined to give anything away.

"I am delighted to be joining HSBC. I look forward to working with the board, John and his executive team," he said in a statement on Monday.

Prior to RBS, Stevenson spent 25 years at Credit Suisse, with his last role being co-head of the Europe, Middle East and Africa investment banking division and co-head of its global financial institutions group.

(Reporting by Emma Rumney; Ediitng by Silvia Aloisi/Keith Weir)

Stocks mentioned in the article
ChangeLast1st jan.
HSBC HOLDINGS -2.22% 704.9 Delayed Quote.-6.00%
ROYAL BANK OF SCOTLAND GROUP -1.34% 258 Delayed Quote.-5.94%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ROYAL BANK OF SCOTLAND GRO
03:16pRBS's Stevenson to become finance chief at HSBC
RE
02:33pHSBC : Appoints RBS CFO Ewen Stevenson as Next Finance Director -- Update
DJ
01:49pHSBC : Appoints RBS CFO Ewen Stevenson as Next Finance Director
DJ
01:03pROYAL BANK OF SCOTLAND : Publication of Final Terms
PU
06/22ROYAL BANK OF SCOTLAND : Publication of Final Terms
PU
06/21ROYAL BANK OF SCOTLAND : Pricing of USD Dual-Tranche Notes
PU
06/20ROYAL BANK OF SCOTLAND : NatWest research shows effect of productivity gap
PU
06/20ROYAL BANK OF SCOTLAND : Labour could order biggest Bank of England shake-up in ..
RE
06/19ROYAL BANK OF SCOTLAND : announces Johnston Carmichael as independent reviewer
PU
06/18ROYAL BANK OF SCOTLAND : Full Time - Economics Weekly
PU
More news
News from SeekingAlpha
06/22Non-U.S. multinational banks perk up as eurozone economy revives 
06/19Financial upgrades 
06/15Financials take a beating as trade spat intensifies 
06/14European banks slip as ECB plans end to bond-buying, maintains interest rates 
06/05Tesla Shareholders Will Vote On Critical Executive Decisions (Wall Street Bre.. 
Financials ( GBP)
Sales 2018 12 914 M
EBIT 2018 5 041 M
Net income 2018 898 M
Debt 2018 -
Yield 2018 2,61%
P/E ratio 2018 35,31
P/E ratio 2019 12,89
Capi. / Sales 2018 2,43x
Capi. / Sales 2019 2,38x
Capitalization 31 409 M
Chart ROYAL BANK OF SCOTLAND GRO
Duration : Period :
Royal Bank of Scotland Gro Technical Analysis Chart | RBS | GB00B7T77214 | 4-Traders
Technical analysis trends ROYAL BANK OF SCOTLAND GRO
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 20
Average target price 3,05  GBP
Spread / Average Target 17%
EPS Revisions
Managers
NameTitle
Ross Maxwell McEwan Chief Executive Officer & Executive Director
Howard John Davies Chairman
Mark Bailie Chief Operating Officer
Brendan R. Nelson Independent Non-Executive Director
Sheila Valerie Noakes Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
ROYAL BANK OF SCOTLAND GROUP-5.94%41 714
JP MORGAN CHASE & COMPANY-1.11%360 055
INDUSTRIAL AND COMMERCIAL BANK OF CHINA-8.55%301 669
BANK OF AMERICA-1.80%293 940
WELLS FARGO-11.09%262 843
CHINA CONSTRUCTION BANK CORPORATION-8.07%251 244