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Mass defection fears at RBS' Hoare Govett

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Published Date: 25 May 2009
HOARE Govett, the highly-regarded City stockbroking business acquired by Royal Bank of Scotland following its takeover of ABN Amro, could face a mass defection after one of its key analysts quit the company.
RBS confirmed yesterday Richard Rae, the head of Hoare Govett's small and mid-cap research unit had left, amid concerns over the largely state-owned firm's future direction.

Reports yesterday claimed that Rae could take his team of 20 staff members with him.





The full article contains 84 words and appears in The Scotsman newspaper.
Page 1 of 1

  • Last Updated: 24 May 2009 9:02 PM
  • Source: The Scotsman
  • Location: Edinburgh
  • Related Topics: Royal Bank of Scotland
 
1

Phil C,

25/05/2009 11:41:22
Bunch of hoares anyway!

 

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