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...Thwaite, who has been chief for just two months, announced a string of management changes that will reduce the retail banking group’s executive committee by a third....
...Thwaite stepped in after Dame Alison Rose resigned in the midst of the Nigel Farage “debanking” scandal in July....
...Thwaite stepped in after the resignation of former chief Dame Alison Rose at the height of the Nigel Farage “debanking” scandal last July....
...Thwaite said he was “pleased” with the reduction in state ownership....
...Peter Thwaite Wardle, Lancashire, UK...
...NatWest also confirmed the permanent appointment of Thwaite after its board approved the decision on Thursday....
...Still, Thwaite would do well to shout a bit more about the bank’s successes. Start with last year’s healthy performance. Return on tangible equity finished at nearly 18 per cent....
...Thwaite, who previously led the group’s commercial bank, is set to lead the banking group until at least July....
...NatWest named Paul Thwaite its new chief executive last month, expediting the timescale in order to have a permanent head in place before the government started to sell down its remaining stake in the bank...
...Thwaite previously led NatWest’s commercial bank and is seen as a leading contender for the job who could be made permanent before the end of his initial one-year appointment....
...Thwaite downgraded profit targets on Friday. Hunt has hinted that he could use next month’s Budget to revive the idea of a British equities Isa, a new twist on the tax-free savings account....
...Last month, NatWest announced that Paul Thwaite would be the bank’s permanent chief executive, having held the role on a temporary basis after his predecessor, Dame Alison Rose, resigned last summer over...
...NatWest named Paul Thwaite chief executive last month, expediting the timescale in order to have a permanent boss in place before the government starts to sell down its remaining 32 per cent stake in the...
...Paul Thwaite, NatWest interim chief executive welcomed the announcement: “It’s quite simple....
...Paul Thwaite, chief executive of the bank’s commercial and institutional business, will take over for 12 months while the bank appoints a permanent replacement....
...Thwaite said Mohammad Kamal Syed, head of asset management, would become interim chief executive at Coutts pending required approvals....
...NatWest is set to confirm interim boss Paul Thwaite as its permanent group chief executive....
...Paul Thwaite, chief executive of NatWest’s commercial and institutional business, will take over for 12 months while the bank searches for a permanent replacement....
...NatWest also set out the terms for her successor, Paul Thwaite, on Wednesday....
...Former Bank of Ireland chief executive Francesca McDonagh, Lloyds Banking Group’s chief financial officer William Chalmers and Paul Thwaite, who was appointed Rose’s successor for an initial 12 months, are...
...Paul Thwaite, who is tall, has replaced Rose at NatWest on an interim basis. Her predecessor, the politically-savvy Ross McEwan, was another tall man....
...That would leave the lender destabilised, despite the rapid appointment of commercial banker Paul Thwaite as interim chief executive. One failure of commission and one of omission sealed Rose’s fate....
...Paul Thwaite, a NatWest executive who was appointed for an initial 12 months to succeed Rose, would also be under consideration for the role on a permanent basis....
...But Greg Thwaites, research director at the Resolution Foundation, said simply making more capital available, or “tinkering” endlessly with the tax system, would not work....
...While the choice of Rose to lead the bank four years ago came as part of orderly succession planning, NatWest has had to move fast to replace her, putting commercial and institutional bank head Paul Thwaite...
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