Bookies' names in the frame for RBS top job...but who is 1000/1?

Bookmakers have already set odds on who will replace Stephen Hester at the helm of RBS, following his shock resignation announcement yesterday.

Nathan Bostock, RBS head of restructuring and risk, was immediately hailed as the odds-on favourite, with rumours he is being groomed as the next successor circulating the City since yesterday. Ladbrokes set its odds at 1/2, while Paddy Power installed him as the next successor at odds of 3/1. Other likely successors are Bruce Van Saun, RBS finance director, at odds of 14/1 at Ladbrokes and 8/1 at Paddy Power, and Richard Meddings, Standard Chartered's finance director, whose odds stand at 12/1 at Paddy Power and 4/1 at at Ladbrokes. Stuart Gulliver, chief executive of HSBC, and Ge...