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...The parent company’s owners include NatWest’s pension fund, a Canadian pension fund and an Australian infrastructure investor....
...its breakneck growth, climbing to 30 million retail customers worldwide by June and giving it comparable reach to Lloyds Banking Group, which boasts more than 30 million customers, and far outstripping NatWest...
...“Everybody has a back-up for clearing in these situations,” said Kevin McPartland, head of market structure and technology research at Coalition Greenwich....
...NatWest said 97.1 per cent of its SME account closures were because of “concerns about financial crime or fraud, or due to NatWest . . . being unable to meet its regulatory obligations by continuing the...
...David Hall, visiting professor at Greenwich University, said the monopolies “call them dividends because they are dividends”....
...NatWest has strongly denied any claims of wrongdoing on the fixed rate loans....
...“It was a good outcome but the evacuation scenario was high risk,” said Ed Galea, a professor at the University of Greenwich in London, who specialises in fire safety....
...by the taxpayer, but is run at arms-length from the government through UK Government Investments (UKGI), a body responsible for managing a portfolio of wholly or partially state-owned companies such as NatWest...
...Dame Alison Rose, chief executive of Coutts’ parent NatWest, and Coutts chief Peter Flavel both stepped down in the ensuing scandal....
...Job moves NatWest has poached UBS executive Emma Crystal to become chief executive of private bank Coutts, following the exit of Peter Flavel after the Nigel Farage “debanking” scandal....
...All three raised the government’s handling of the “debanking” of politician Nigel Farage by NatWest, which ultimately led to the departure of the tax-payer-backed lender’s chief executive Dame Alison Rose...
...Lenders are now raising rates after the FCA met representatives from Barclays, Lloyds, HSBC and NatWest last week and urged them to improve rates, adding to calls from chancellor Jeremy Hunt and Andrew Bailey...
...Derek French, a former NatWest executive and an advocate for protecting people’s access to cash, called Thursday’s outline of the plan “very vague”. “The devil will be in the detail,” he said....
...County NatWest had quickly blown its reputation in one of the juicer financial scandals of the era, when its corporate financiers allegedly covered up the failure of a huge share issue, known as the Blue...
...And kudos to NatWest which has funded non-repayable hardship grants of £100 for tens of thousands of people who didn’t meet the affordability requirements for a CDFI loan....
...David Hall, a visiting professor at Greenwich University, said: “CEO pay is really a minor issue, and shouldn’t distract us from the continued extraction of dividends, interest on shareholder loans, and...
...But much of that debt has been used to pay dividends instead, according to a 2017 study published by Greenwich University....
...As the FT’s pop critic, I have been going to the Greenwich behemoth since its opening....
...It’s a decent amount of NatWest’s [total] surplus capital. Returning that to shareholders is a strategic imperative.”...
...The ombudsman found in November that NatWest subsidiary Ulster Bank had failed to spot “unusual” transactions when a customer lost almost £79,000 in a cryptocurrency hoax....
...However, management indicated that it did not expect this to improve significantly, echoing the outlook from UK peers NatWest and Barclays last week, which caused their stocks to fall sharply....
...In March it brought criminal proceedings against NatWest, in the first attempted prosecution of a UK bank under anti-money laundering laws....
...This article has been updated with recent Deutsche Bank targets and to change a reference from UK high street bank Lloyds to NatWest....
...Current account holders at NatWest, Royal Bank of Scotland and HSBC can also access regular savings paying 5 per cent or more, also with maximum limits on how much you can deposit....
...A further £46mn was transferred to an account in the name of Stunt & Co Ltd, a company owned by James Stunt, the former husband of socialite Petra Ecclestone, the trial heard....
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