RBS 支援者s to give Sir Fred a shredding

By Nick Goodway for MailOnline
Updated: 10:42 BST, 23 April 2008

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Sir Fred Goodwin, 長，指導者 (n)役員／(a)執行力のある of Britain's second-largest bank 王室の Bank of Scotland, will come under 解雇する／砲火／射撃 at today's 年次の 会合 of 株主s just one day after he 開始する，打ち上げるd a 記録，記録的な／記録する £12 bn 権利s 問題／発行する.

RBS 主張するs it approached 投資家s with 広大な／多数の／重要な humility over 権利s 問題／発行する

Behind the scenes, institutional 株主s 予報する that neither Goodwin nor his chairman Sir Tom McKillop will still be in place by this time next year. 投資家s believe RBS's 関与 in the £59bn 引き継ぎ／買収 of Dutch bank ABN Amro as the credit crunch took 持つ／拘留する and its 失敗 to come 全く clean on subprime losses have 永久的に 損失d Goodwin's 評判.

One 主要な institutional 投資家 said: 'We want a （疑いを）晴らす 指示，表示する物 from the company about when Sir Fred will leave.' RBS said yesterday it would 支える the board with three more nonexecutive directors.

'I'm 絶対 amazed there are no 死傷者s, there doesn't seem to be anyone taking the 非難する,' said Colin Morton of Rensburg 基金 管理／経営.

Other 株主s were angry that today's 会合 in Edinburgh will almost certainly see 是認 for Goodwin's £2.86m 特別手当 for last year. One said: 'The proxies are already in, and its too late to change them.'

McKillop yesterday 主張するd there would be no 'sacrificial lambs' but RBS 辞退するd to 否定する 報告（する）／憶測s Goodwin had 申し込む／申し出d his 辞職 ahead of the 権利s 問題／発行する.

David Cummings, 長，率いる of UK 公正，普通株主権s at 基準 Life which 持つ／拘留するs a 3.5% 火刑／賭ける in RBS, said: 'Sir Fred Goodwin 正当化するs continued support. However, he has to fully engage with his 株主 base and a 強化するd 非，不，無-(n)役員／(a)執行力のある board to 持続する that support.' Another said: 'We won't destabilise the 権利s 問題／発行する, but once that is over we will want to 再開する discussions about board changes.'

Justin Urquhart Stewart of Seven 投資 管理／経営 pointed out that Goodwin had always 確実にするd that no one in RBS 管理／経営 had a 特に high profile, 'which makes it difficult to see where the succession will come from.'