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The Latest Breaking News from Paul Thwaite

NatWest criticised over £1.2m pay for boss with ‘limited experience’

Governance adviser says Paul Thwaite could have been offered lower starting salary than predecessor Alison Rose

The Guardian - UK

UK Bank NatWest Shakes Off CEO Turmoil As Profits Jump

British bank NatWest on Friday said net profit jumped nearly a third in 2023 on higher interest rates, adding that Paul Thwaite would become permanent chief executive following boardroom turmoil.

International Business Times

NatWest reports biggest annual profit since 2007 financial crisis

Pre-tax figure of £6.2bn comes as bank confirms Paul Thwaite will take over permanently as chief executive

The Guardian - UK

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NatWest profits boom sets up government stake share sale

NatWest set itself up for a major sale of its shares back to the public today with a 20% leap in annual profits to £6.2 billion.

Evening Standard

UK retail sales rebound after Christmas slump; company insolvencies rise – as it happened

Rolling coverage of the latest economic and financial news, as retail sales in Great Britain rebound by 3.4% in January

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 Guardian - UK

NatWest chief ousted over Nigel Farage accounts row in line for £2.4m payout

Bank to pay salary, pension and shares to Alison Rose, who resigned at end of July, during 12-month notice period

The Guardian - UK

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Ex-NatWest boss Alison Rose set for £2.4m payout after resigning over Farage row

Ms Rose resigned after she admitted to being the source of an inaccurate story about Nigel Farage’s finances.

The Independent UK

Alison Rose to still make £2.4 million salary after resigning amid Farage controversy

However, this salary could still be clawed back by NatWest

Evening Standard

Coutts chief quits and crisis wipes £1bn off NatWest shares

Ousting of private bank’s chief may not be final departure as future of NatWest Group chairman looks uncertain

The Guardian - UK

Coutts chief executive Peter Flavel resigns over Nigel Farage row

Head of bank steps down less than 48 hours after NatWest boss Alison Rose was forced to quit

The Guardian - UK

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