Stephen Hester has announced that he is to step down as the chief executive of the Royal Bank of Scotland in December
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RBS share price drops 6% on news of Hester departure

13 June 2013 Last updated at 15:21 BST

The outgoing chief executive of Royal Bank of Scotland, Stephen Hester, has denied being forced out of his job by the treasury.

Shares in the bank fell by 6% amid speculation about the manner of his departure.

Hugh Pym reports.