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Top related persons:
Alison Rose - 2 Nigel Farage's - 2 Paul Thwaite - 2 Howard Davies - 2 Coutts - 2 Rose - 2 Farage - 2 Peter Flavel - 2
Top related locs:
Bengaluru
Top related orgs:
NatWest - 2 BBC - 2 BBC Business - 2 Authority - 2 Government Investments - 2 NatWest Group - 1 Treasury - 1 UK Treasury - 1

Search resuls for: "Simon Jack"


2 mentions found


☆ NatWest CEO resigns after admitting to 'serious error' over Nigel Farage leak
  + stars: | 2023-07-26 | by ( ) www.cnbc.com   time to read: +4 min
NatWest CEO Alison Rose on Wednesday stepped down with immediate effect after she admitted a "serious error of judgment" in discussing former Brexit party leader Nigel Farage's relationship with the bank with a senior BBC journalist. The board appointed Paul Thwaite to helm NatWest for an initial period of 12 months, the company said in a statement. "The board and Alison Rose have agreed, by mutual consent, that she will step down as CEO of the NatWest Group," Howard Davies, chairman of the board, said. Coutts' website advises its clients should be able to borrow or invest at least 1 million pounds with the bank or hold 3 million pounds in savings. Britain's Financial Conduct Authority (FCA) said it had urged the NatWest board to review the matter independently and welcomed its statement.
Persons: Alison Rose, Nigel Farage's, Paul Thwaite, Howard Davies, Coutts, Rose, Farage, Peter Flavel, NatWest's Davies, Davies, Rose —, Simon Jack, Jack, Sheldon Mills, Andrew Griffith Organizations: NatWest, BBC, NatWest Group, BBC Business, Authority, Treasury, Reuters, Government Investments
☆ Natwest CEO resigns after admitting to 'serious error' in Farage row
  + stars: | 2023-07-25 | by ( Iain Withers Sinead Cruise | Iain Withers | Sinead Cruise | ) www.reuters.com   time to read: +4 min
NatWest has faced intense political and media scrutiny over a decision by its private bank Coutts to close Farage's accounts. In a post on the X social media platform on Wednesday, Farage called for further heads to roll in the wake of Rose's resignation. On Tuesday, Farage said on his eponymous TV show that Rose was "unfit" to run a bank. She realised that her comments had left Jack with the impression that the decision to close Farage's accounts was solely a commercial one, Rose said in the statement. Rose also said she was not part of the decision-making process to "exit" Farage's accounts and said this was a decision made by Coutts.
Persons: Alison Rose, Nigel Farage's, Paul Thwaite, Coutts, Farage, Rose, Simon Jack, Howard Davies, Davies, Peter Flavel, Jack, NatWest's, Sheldon Mills, Andrew Griffith, Iain Withers, Sinead Cruise, Urvi, Juby Babu, Simon Jessop, Mark Potter, Edwina Gibbs, Louise Heavens Organizations: NatWest, BBC, BBC Business, UK Treasury, Reuters, Government Investments, Authority, Thomson Locations: Bengaluru
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