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The Latest Breaking News from NatWest

Nigel Farage to launch legal battle with NatWest over debanking debacle

Nigel Farage is to launch a legal fight with NatWest over the debanking saga which culminated in the resignation of chief executive Dame Alison Rose.

The National (Scotland)

Ex-Natwest boss Alison Rose stripped of £7.6m over Nigel Farage debanking row

The group says she was not a ‘good leaver’ and will therefore not receive most of the discretionary parts of her pay package

The Independent UK

NatWest strips £7.6m from payout to ex-boss Alison Rose after Farage row

The banking giant said she has not been considered a ‘good leaver’ following her departure.

The Independent UK

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NatWest cancels £7.6 million of bonuses for ex-CEO Alison Rose — but she still gets £1.7 million

NatWest said that “good leaver status” was not applicable to Rose because of the manner of her exit

Evening Standard

NatWest scraps £7.6m of Alison Rose’s payout after Farage scandal

Move follows resignation of CEO over row linked to closure of former Ukip leader’s bank accounts

The Guardian - UK

Privacy watchdog apologises to former NatWest boss over claim she broke data protection rules

Dame Alison admitted she talked with a BBC reporter about Mr Farage’s relationship with Coutts - a NatWest subsidiary

The Independent UK

Watchdog apologises to Alison Rose over Farage Coutts bank row

A top watchdog today issued a fulsome apology to recently departed NatWest boss Dame Alison Rose over the Nigel Farage bank affair.

Evening Standard

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ICO apologises to ex-NatWest chief over claim she broke privacy law on Farage

Watchdog says it was ‘incorrect’ to suggest Alison Rose breached law by discussing ex-Ukip leader’s banking with journalist

The Guardian - UK

NatWest mess is harming the interests of taxpayers

City Comment: Chairman Sir Howard Davies has some tough decisions ahead

Evening Standard

NatWest shares plunge after bank downgrades profit outlook

Competition for savers’ cash is putting pressure on its finances, says group

The Guardian - UK

Probe finds 'serious failings' in way British politician Nigel Farage had his bank account closed

An independent probe has found “serious failings” in how NatWest Group’s private and exclusive Coutts Bank shut down the account of the right-wing British politician Nigel Farage

The Independent UK

Khan joins Labour voices calling for Israel-Hamas ceasefire as pressure grows on Starmer – as it happened

Mayor of London Sadiq Khan says ceasefire will help prevent ‘devastating loss of life’

The Guardian - UK

Read the full NatWest report on ‘failings’ in handling of Nigel Farage account row

The report included aspects that City watchdog the FCA described as “potential regulatory breaches”

Evening Standard

Bank of Russia raises interest rates to 15% to fight inflation; US consumer confidence dips – as it happened

Russian central bank says current inflationary pressures have significantly increased to a level above its expectations

The Guardian - UK

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The Independent UK

NatWest admits serious failings over Nigel Farage’s bank account closure

But decision to shut down Mr Farage’s bank account was lawful, an independent review finds

Evening Standard

City watchdog: NatWest may have breached rules in Farage account controversy

The bank published a report today showing "serious failings"

The Guardian - UK

NatWest decision to close Nigel Farage’s bank accounts was lawful, says report

Investigation for bank finds however that there were ‘serious failings’ in handling of Coutts move and treatment of ex-Ukip leader

The Independent UK

Nigel Farage’s data rights infringed by Natwest chief, watchdog rules

Farage calls on bank to cut severance pay to ex-bank boss – accusing her of overseeing a ‘woke’ culture

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Evening Standard

Ex-NatWest chief infringed on Nigel Farage’s data protection rights, watchdog rules

The former chief executive of NatWest infringed on Nigel Farage’s data protection rights when she talked to a journalist about his relationship with Coutts bank, Britain’s information watchdog has ruled.

The Guardian - UK

Ex-NatWest chief breached Nigel Farage’s privacy, watchdog rules

ICO will not take further action over Alison Rose speaking to BBC journalist about planned closure of Farage’s accounts

The Independent UK

Nigel Farage branded ‘sketchy crackpot’ in secret NatWest emails disclosed after de-banking scandal

The sniggering remarks handed over to the former Ukip leaders shone light on conversations among staff members who joked he had been “debanked” by Coutts

The Guardian - UK

How can NatWest lose my Dad’s £10,000 Isa cash?

It was due to be transferred but never went through. So where’s the money now?

The Guardian - UK

Mortgage debts and bust firms put UK banks’ profits under pressure

With the big lenders reporting their results this week, investors are trying to stay optimistic and hoping there will be no more crises

The Independent UK

74% of people have been targeted by scams in the past year – survey

Nearly a fifth of people have replied to a message from impersonator, initially believing it was from a friend of family member, NatWest said.

The Conversation

Bank CEOs set the tone from the top when it comes to risky behaviour — new research

Metro Bank positioned itself as “a fresh start to banking” when it launched in the wake of the 2008 global financial crisis. It was set up in 2010 as a challenger to the “big five” banks dominating the UK market post-crisis: HSBC, NatWest, Lloyds, Barclays and Santander.

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