Natwest Share News (NWG)

Banks tread tricky tightrope with politically exposed clients

LONDON, July 26 (Reuters) - The war of words between NatWest and erstwhile customer Nigel Farage has underscored the challenges global banks face in handling clients who could be defined as a politically exposed person, or PEP.

Shares fall as Fed rate rise looms

Euro STOXX down 0.9%

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LONDON MARKET MIDDAY: Stocks lower as eyes on US Fed's next move

(Alliance News) - Stock prices in London were lower at midday on Wednesday, following a busy morning of earnings, as well as a key interest rate decision from the US this evening.

NatWest's Alison Rose, trail-blazing finance boss, bows out after Farage breach

LONDON, July 26 (Reuters) - NatWest's departing CEO Alison Rose until recently told colleagues she had weathered more than her fair share of crises, steering the state-backed lender through the COVID-19 pandemic and market fallout from war in Europe and chaos in Westminster. But ultimately it was committing the cardinal sin of breaching the confidence of a client, former Brexit Party leader Nigel Farage, that cost her her job.

UPDATE: Farage calls for 'cultural change' at NatWest after boss quits

(Alliance News) - Nigel Farage has called for a wider shake-up of the NatWest Group PLC board, following the resignation of Alison Rose after days of pressure on the banking group's leadership.

LONDON MARKET OPEN: Trade muted; Rolls-Royce surges on higher guidance

(Alliance News) - Trading in London was muted on Wednesday morning, as investors eye a key interest rate decision from the US Federal Reserve.

LONDON BRIEFING: Lloyds raises guidance; Rio Tinto profit down

(Alliance News) - Stocks in London are called to open lower on Wednesday, following a slew of earnings from UK companies, as well as an interest rate decision from the US Federal Reserve.

LONDON MARKET EARLY CALL: Stocks called down ahead of Fed decision

(Alliance News) - Stocks in London are set to open lower on Wednesday, as investors look ahead to an interest rate decision from the Federal Reserve.

TOP NEWS: NatWest CEO Alison Rose resigns after Farage BBC leak

(Alliance News) - NatWest Group PLC boss Alison Rose has resigned from her position after admitting to being the source of an inaccurate story about Nigel Farage's finances.

UPDATE: NatWest CEO Rose faces resignation calls over Farage leak

(Alliance News) - The chief executive of Natwest Group PLC is facing calls to resign after she admitted being the source of an inaccurate story about the closure of Nigel Farage's bank account.

NatWest backs Rose as she admits "error of judgment" in Farage case

(Alliance News) - The board of NatWest Group PLC has said it retains "full confidence" in Chief Executive Officer Alison Rose, as she admitted to a "serious error of judgment" in discussing Nigel Farage's relationship with private bank Coutts, owned by NatWest Group, with a BBC journalist.

London court revives $3.5 bln mass forex lawsuit against banks

LONDON, July 25 (Reuters) - A proposed 2.7 billion pound ($3.5 billion) mass lawsuit against major banks including JPMorgan and Citigroup over alleged foreign exchange rigging was revived by a London court on Tuesday.

London court revives $3.5 bln mass forex lawsuit against banks

LONDON, July 25 (Reuters) - A proposed 2.7 billion pound ($3.46 billion) mass lawsuit against major banks including JPMorgan and Citigroup over alleged foreign exchange rigging was revived by a London court on Tuesday.

Nigel Farage wants 'spotlight' on NatWest over source of BBC story

(Alliance News) - Nigel Farage is seeking to put pressure back on NatWest after winning an apology from the BBC, as the row over the closure of his bank account continues.

UK government to haul in banks over account closures

LONDON, July 24 (Reuters) - Britain's finance ministry will request a meeting with major lenders to discuss concerns that banks have closed some customer accounts over their political views, after a public spat between former Brexit party leader Nigel Farage and NatWest.