25-05-2018 13:24 via uk.news.yahoo.com

RBS delays naming strategy chief after Treasury conflict warning

Royal Bank of Scotland (RBS) has been ordered to delay naming its new strategy chief after a warning from the Treasury that it is risking a conflict of interest row.Sky News has learnt that the taxpayer-backed lender has been told to wait until after its annual general meeting (AGM) next week before publicly confirming that Oliver Holbourn is joining RBS.Mr Holbourn recently stepped down as chief executive of UK Financial Investments (UKFI), where he spent several years managing the Government's
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