City Views | Are you surprised that Stephen Hester left now?

MIKE WEBB
UBS

I’m not massively surprised, given how long he’s been there and how much banks change, and bearing in mind all the political pressures. If, as it sounds like, the political side wasn’t as much to his liking as he originally thought, time to go and have someone new.”

TIM JAMES

I can see why they might want a new face, especially going into a privatisation. I think he’s left a bank with lots of problems – but then again, it could have been in much worse shape at this point.

NIGEL BESWETHERICK
BNP PARIBAS

I thought he would’ve stayed until the sale had gone through, and I wonder why he’s gone at such an important stage. I think he’s done a good job during his time in charge, taking it from the verge of going bust to a relatively stronger position.”

These views are those of the individuals above and not necessarily those of their company