All the updated news related to alison rose

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City

NatWest investors to share £1.8bn special dividend as profits rise

NatWest has posted an increase in profits and will give shareholders a special £1.8 billion payout, but acknowledged that its customers are being hit by rises to the cost of living. The banking group said pre-tax operating profit hit £2.6 billion in ...

29 Jul 2022 at 08:56

City

NatWest returns to profit after heavy Covid hits

NatWest swung to a huge profit in the past year as the Government-backed bank released more money it held to one side during the Covid-19 pandemic. The bank reported an operating pre-tax profit of £4 billion in 2021, up from an operating pre-tax ...

18 Feb 2022 at 08:25

City

NatWest profits hit £1.2bn as bank benefits from rising interest rates

NatWest enjoyed a doubling of profits in the last three months as it benefited from rising interest rates and improved economic conditions, the bank said. Bosses revealed operating profits before tax of £1.2 billion for the first three months ...

29 Apr 2022 at 08:55

City

NatWest increases debt support as customers cut back on food and fuel

NatWest has announced new measures to help squeezed businesses and customers in debt, as it said it had noticed customers cutting back on food and fuel amid decades-high inflation. The banking giant said it will be extending the repayment ...

11 Jan 2023 at 12:04

City

NatWest blames SVB and Credit Suisse collapse on ‘poor risk management’

NatWest Group has said “poor risk management” and “long-standing” challenges were to blame for the failures of Silicon Valley Bank (SVB) and Credit Suisse which sparked concerns over the strength of the global banking industry. The ...

25 Apr 2023 at 12:49

City

NatWest to face scrutiny after bosses ousted over Farage bank account row

Senior bosses at NatWest Group are set to face scrutiny from shareholders following the dramatic fallout in the row sparked by Nigel Farage over the closure of his Coutts bank account. The scandal culminated in the resignation of ...

28 Jul 2023 at 00:01

City

NatWest reports £1bn profit boost as bank gripped by Farage account row

NatWest Group’s profits have surged by nearly £1 billion, beating expectations as the bank faces scrutiny from shareholders after the departure of its boss this week. The British bank, which has been embroiled in a row involving ...

28 Jul 2023 at 11:33

NatWest chairman says ‘political reaction’ led to Alison Rose’s departure

NatWest has said political reaction forced out boss Dame Alison Rose by making her position “untenable”, as the bank’s chairman vowed to stay on at the crisis-hit bank. Sir Howard Davies insisted it is important for the ...

28 Jul 2023 at 10:40

City

Seven key moments from NatWest chairman’s call with reporters

In a call with reporters on Friday, NatWest chairman Sir Howard Davies was asked about the actions of the bank, and its subsidiary Coutts, when closing the account of former politician Nigel Farage. In a 40-minute ...

28 Jul 2023 at 10:38

NatWest chairman should stay in post, says City minister

It would not be “helpful” for the NatWest chairman to quit now as the bank seeks to rebound from the crisis over Nigel Farage’s Coutts bank account, the City minister has said. Andrew Griffith, who has led the ...

28 Jul 2023 at 20:50

NatWest Group boss apologises to Nigel Farage after Coutts closure row

The chief executive of NatWest Group has apologised to Nigel Farage for “deeply inappropriate comments” made about him in official papers, saying she is “commissioning a full review of the Coutts’ processes” ...

20 Jul 2023 at 18:17

Nigel Farage receives apology from BBC over Coutts account closure reporting

The BBC has apologised to Nigel Farage for suggesting he lacked the funds needed to hold an account at Coutts after the private bank cut ties with the former Ukip leader. The BBC’s business editor Simon ...

24 Jul 2023 at 21:10

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