Insurance Post

News Editor's Comment: A necessary evil

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“Trussed up and roasted like a chicken” was how one veteran City commentator described the end of Stephen Hester’s tenure as chief executive of Royal Bank of Scotland this time last year.

His five-year transformation project at the crippled lender was dogged by a fractious relationship with RBS’s majority shareholder in Westminster, which ultimately led to him stepping down amid a

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