Martin Vander Weyer Martin Vander Weyer

Any other business: Third time lucky? Hoare Govett is the history of the modern City writ small

issue 04 February 2012

Amidst the gunfire generated by Stephen Hester’s bonus — on which I’m glad to say he took my advice and did the decent thing, so like Stephen Wraysford at the end of Birdsong he deserves a few days’ rest — I was intrigued by the week’s other RBS story. Hester is reported to be selling the troubled bank’s corporate stockbroking arm, Hoare Govett, to Jefferies, a US securities house.

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Martin Vander Weyer
Written by
Martin Vander Weyer
Martin Vander Weyer is business editor of The Spectator. He writes the weekly Any Other Business column.

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