All the updated news related to howard davies

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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 British bank is ...

25 Apr 2023 at 12:49

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 stability of the bank that ...

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 discussion he was asked about ...

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 Government’s response to the row,...

28 Jul 2023 at 20:50

Nigel Farage plans ‘powerful lobby group’ to oppose de-banking

Nigel Farage hopes to “build a powerful lobby group” to oppose de-banking, as it was reported that banks are closing more than 1,000 accounts every working day. The ex-Ukip leader has launched a new website to campaign on behalf of people ...

30 Jul 2023 at 12:38

Banks urged to learn lessons from Nigel Farage row after NatWest boss quits

Ministers have urged banks to learn from the mistakes of NatWest in the wake of chief executive Dame Alison Rose’s resignation in a row over the closure of Nigel Farage’s Coutts account. The former Ukip leader went on to demand the ...

27 Jul 2023 at 09:07

NatWest backs Rose as she admits ‘serious error of judgment’ in Farage case

NatWest backs Rose as she admits ‘error of judgment’ in Farage case

The board of NatWest Group has said it retains “full confidence” in Dame Alison Rose, as she admitted to a “serious error of judgment” in discussing Nigel Farage’s relationship with private bank Coutts, owned by NatWest Group, ...

25 Jul 2023 at 18:48

Farage calls for wider ‘cultural change’ at NatWest after boss quits

Nigel Farage has called for a wider shake-up of the NatWest board, following the resignation of Dame Alison Rose after days of pressure on the banking group’s leadership. In a statement released early on Wednesday, NatWest ...

26 Jul 2023 at 09:58

Rishi Sunak silent on future of NatWest chairman after Nigel Farage account row

Rishi Sunak declined to say whether he had confidence in the NatWest Group’s chairman, as the banking giant continues to face pressure amid the row over the closure of Nigel Farage’s Coutts account. The Prime Minister ...

27 Jul 2023 at 13:19

‘Not that difficult’ to get on property ladder, NatWest chief claims

It is not “that difficult” to get on the property ladder in the UK, the chairman of NatWest has claimed. Sir Howard Davies, chairman of the major retail bank, said prospective buyers have to save, and that “is the ...

05 Jan 2024 at 13:51

Hunt ‘didn’t understand’ NatWest chief comments on buying a home

Jeremy Hunt has said he “didn’t understand” recent comments by NatWest Group chairman Sir Howard Davies, who suggested it was not “that difficult” to get on the property ladder. The major retail bank chairman was ...

09 Jan 2024 at 20:38

NatWest boss criticised for ‘extremely out of touch’ remarks on buying a home

The chairman of NatWest has been invited to “spend a week in the real world” after making “out of touch” remarks suggesting it is currently not too difficult for people to get on the housing ladder in Britain. ...

05 Jan 2024 at 16:34

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