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The bank said Alison Rose was leaving “by mutual consent.” The surprise early-morning statement came just hours after NatWest had expressed full confidence in the CEO, who was the first woman ...
NatWest's shares dropped as much as 3.5 per cent and wiped more than £600 million off the bank's stock market value after the Brexit Party leader called for the board’s resignation.
Customers took to social media to express their outrage
Farage in 2018. In June 2023, the private bank Coutts closed the account held by the British politician and broadcaster Nigel Farage, triggering controversy. NatWest, the owner of Coutts, initially claimed that he failed to meet the Coutts eligibility criteria of holding £1,000,000 or more in his account, following the expiry of his mortgage.
The 2012 RBS computer system problems were technical issues affecting computers run by the Royal Bank of Scotland Group (now NatWest Group), including National Westminster Bank, The Royal Bank of Scotland and Ulster Bank, which began on 19 June 2012. In 2014, RBS was fined £42m over the incident. [1]
National Westminster Bank Public Limited Company, [2] [3] trading as NatWest, [4] is a major retail and commercial bank in the United Kingdom based in London, England. It was established in 1968 by the merger of National Provincial Bank and Westminster Bank.
But decision to shut down Mr Farage’s bank account was lawful, an independent review finds. Skip to main content. Subscriptions; Animals. Business. Entertainment. Fitness. Food. Games. Health ...
Rose started her career as a graduate trainee with NatWest in 1992. [11] She was appointed a member of RBS's executive committee on 27 February 2014. [13] In October 2014, as head of commercial and private banking at RBS, she announced a new plan for the bank to bring more women into decision-level and board-level positions. [14]