The Royal Bank of Scotland is reportedly poised to name insider Ross McEwan as chief executive Stephen Hester's successor.
The banking giant was in late-stage talks with the Bank of England's Prudential Regulation Authority over his the appointment, the Financial Times (£) reported.
McEwan, who currently heads RBS's retail banking arm, could be announced as the bank reveals its half-year results today.
More top news
The President has been removed from his post at the head of the ruling ZANU-PF party in a move that adds to pressure on him to stand down.
The deputy leader of far-right group Britain First has been arrested in London over a speech made at a rally in Belfast this summer.
A retired solicitor from Bristol has died after being swept overboard while competing in the Clipper Round the World yacht race.