I have long thought that London private banking should have a maxim, ‘When a man is tired of C Hoare, he is tired of life’.
For I cannot think for the life of me why Steven Cooper is giving up the prestigious role of CEO of our oldest private bank to join one of those johnny-come-latelies, otherwise known as challenger banks.
His exact address will be at Aldermore Group from next May where he likewise will be CEO, ultimately reporting to bosses at owner FirstRand of Zuid Afrika.
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