Sir Fred Goodwin faces demands from leading investors to step down as chief executive of Royal Bank of Scotland within a year after the bank on Tuesday launched a £12bn rights issue.
UK Daily View
Video: RBS writedown will force rivals to come clean
Several of the lender’s largest shareholders said they would push for a clear succession plan for Sir Fred, the architect of the bank’s acquisitive strategy and its role in the €71bn break-up bid for ABN Amro, the Dutch bank.
