Tag #Natwest

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dailymail.co.uk

🌐 85% Global Worthiness

Feb 14, 13:12

Farage Explores Criminal Charges Against NatWest After Debanking Scandal

Following the closure of his account by Coutts, a NatWest subsidiary, Nigel Farage is considering criminal charges against the bank for breaching client confidentiality and providing misleading information to the BBC; this comes after the resignations of CEO Dame Alison Rose and Coutts CEO Peter Fla...

Farage Explores Criminal Charges Against NatWest After Debanking Scandal

Following the closure of his account by Coutts, a NatWest subsidiary, Nigel Farage is considering criminal charges against the bank for breaching client confidentiality and providing misleading information to the BBC; this comes after the resignations of CEO Dame Alison Rose and Coutts CEO Peter Fla...

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What were the specific reasons provided by NatWest for closing Farage's account, and how do these align with the bank's internal assessment of reputational risk?

The incident highlights the tension between banks' responsibility to manage reputational risks and their duty to maintain client confidentiality. Dame Rose's actions, including discussing Farage's account details with a BBC journalist and providing inaccurate reasons for the account closure, led to her resignation and a substantial payout. The controversy also raises concerns about the potential for politically motivated de-bankings.

news.sky.com

🌐 75% Global Worthiness

Dec 14, 16:13

NatWest CEO in Line for Multimillion-Pound Pay Boost

NatWest Group plans to significantly increase its CEO Paul Thwaite's compensation to a potential \$6.6 million annually, aligning his pay with industry peers, following a 90% surge in the bank's share price in 2024 and its return to full private ownership after a 17-year government stake.

NatWest CEO in Line for Multimillion-Pound Pay Boost

NatWest Group plans to significantly increase its CEO Paul Thwaite's compensation to a potential \$6.6 million annually, aligning his pay with industry peers, following a 90% surge in the bank's share price in 2024 and its return to full private ownership after a 17-year government stake.

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What is the extent of the proposed pay increase for NatWest's CEO, and what factors are driving this change?

NatWest Group's CEO, Paul Thwaite, is poised for a significant pay raise, potentially reaching \$6.6 million annually. This increase follows the bank's return to full private ownership and a 90% surge in share value in 2024. The proposed changes, subject to shareholder approval, include raising his maximum annual bonus from 100% to 150% of his base salary and replacing his restricted share plan with a more lucrative performance share plan.

tr.euronews.com

🌐 85% Global Worthiness

Feb 8, 16:08

BP, BAT, and UK Banks Face Investor Scrutiny Amidst Shifting Energy and Economic Landscapes

BP will release its full-year results on February 11th, with investors closely watching its future strategy, following underperformance relative to global peers and concerns about the pace of its transition to renewable energy; British American Tobacco will announce its 2024 preliminary results on F...

BP, BAT, and UK Banks Face Investor Scrutiny Amidst Shifting Energy and Economic Landscapes

BP will release its full-year results on February 11th, with investors closely watching its future strategy, following underperformance relative to global peers and concerns about the pace of its transition to renewable energy; British American Tobacco will announce its 2024 preliminary results on F...

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What is the primary focus of investor attention regarding BP's upcoming financial results, and what are the immediate implications?

British oil and gas giant BP will release its full-year results on February 11th, with investors watching closely for clarity on its future strategy amid a transition to renewable energy. BP's stock has underperformed global peers since 2020, and investors are questioning the pace of its shift away from hydrocarbons.

Showing 13 to 15 of 15 results