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(Guardian) Church of England lines up ex-water company boss to front RBS bid

Posted on August 12, 2013 by Kendall Harmon

A consortium backed by the Church of England to bid for 315 Royal Bank of Scotland branches has lined up the ex-United Utilities boss Philip Green to front its bid.

Green is to replace John Tiner, the former Financial Services Authority chief executive who stepped down as chairman in the wake of the controversy caused by the parliamentary commission on banking standards investigation into HBOS.

Green is to chair the bid vehicle ”“ one of three that have submitted bids for the RBS branches this week ”“ working alongside former Lloyds Banking Group banker John Maltby who has been lined up as chief executive.

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Posted in * Anglican - Episcopal, * Culture-Watch, * Economics, Politics, * International News & Commentary, --Justin Welby, Anglican Provinces, Archbishop of Canterbury, Church of England (CoE), Corporations/Corporate Life, Economy, England / UK, Personal Finance, Religion & Culture, The Banking System/Sector