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JUN 13, 2013 - Yahoo! News

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RBS faces struggle to fill 'poisoned chalice' CEO role

By Matt Scuffham and Steve Slater LONDON (Reuters) - Royal Bank of Scotland faces an uphill task in finding a new chief executive from a tiny pool of candidates to steer it through privatization, following the ousting of Stephen Hester which sent its shares tumbling on Thursday. Hester's departure, engineered by chairman Philip Hampton with the backing of Britain's finance ministry, means RBS needs an experienced banker untainted by the industry's scandals who is also used to dealing with its biggest shareholder, the government, as well as lawmakers and regulators. ...

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