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The Independent UK
The Independent UK
National
Archie Mitchell

NatWest chair defies calls to quit and blames ‘political pressure’ for CEO ousting

PA/Getty

Under-fire NatWest chairman Sir Howard Davies blamed “political pressure” from Downing Street for the ousting of chief executive Dame Alison Rose but insisted he would cling on to his job despite facing calls to quit as well.

As the bank reported a jump in profits despite turmoil at the top of the group, Sir Howard said he had “reflected” on his position but would continue to serve.

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