RBS boss Goodwin resigns
The head of the Royal Bank of Scotland has announced he is standing down as the bank received a £20bn bail-out.
Sir Fred, who has led RBS for nine years, will be replaced after a "short" handover period by Stephen Hester, chief executive of British Land.
Ministers said there would be no boardroom bonuses paid this year at RBS or the merged Lloyds-HBOS in which the Government has taken major shares.