2009

- February: RBS announces a £24.1bn loss for 2008, the largest annual loss in UK corporate history to date.

- June: Goodwin cuts his annual pension by about £200,000 amid widespread public anger over the financial crisis and RBS bailout.

- December: The second tranche of the RBS bailout sees the government inject a further £25.5bn in the bank, taking public ownership to 84 per cent.

- December: RBS signs a state aid agreement with the European Commission and agrees to divest 316 branches, Direct Line Group, Sempra and Worldpay.