Alison Rose, the CEO of NatWest Group, has been in the news due to the controversy surrounding the closure of Nigel Farage's accounts at the bank's subsidiary, Coutts. An independent review found serious failings in the bank's treatment of Farage, leading to Rose's resignation. It was revealed that Rose breached data protection laws by discussing Farage's banking relationship with a journalist, prompting her departure from the company. Additionally, internal messages surfaced, showing NatWest staff making derogatory comments about Farage and gloating over the closure of his accounts.
Born in 1969, Alison Rose is a British banker who made history as the first woman to lead a major UK lender when she became the CEO of NatWest Group in November 2019. Prior to this role, she held various positions within the bank, including Head of Commercial and Private Banking. Rose has been recognized for her leadership in the financial sector and has played a significant role in shaping the bank's strategies and operations. However, the recent events surrounding the closure of Nigel Farage's accounts have brought her under scrutiny and ultimately led to her resignation from NatWest Group.
-
UK banks, including Lloyds Banking Group, Santander UK, and NatWest Group, have reported record profits in 2023 due to higher interest rates.
-
NatWest Group is finalising proposals for a \\u00a3350m staff bonus pot ahead of annual results, amid government plans for a retail share offer.
-
Local councils face financial difficulties due to austerity cuts, while a banking executive is investigated for a disastrous investment strategy
-
Goldman Sachs is considering changes to the composition of its management committee, potentially expanding or shrinking it.
-
Nigel Farage is launching a legal battle against NatWest over the closure of his accounts at its private bank subsidiary Coutts, which led to the resignation of the bank's chief executive.
-
Currys to sell its Greek and Cypriot arm, Kotsovolos, to Greek power generation and supply giant Public Power Corporation for up to €200m.
-
The Information Commissioner's Office apologised to Dame Alison Rose for wrongly suggesting she breached data protection laws during the Nigel Farage account closure scandal.
-
NatWest CEO's potential pay cut due to her actions regarding the closure of Nigel Farage's account.
-
An independent review found serious failings in NatWest's treatment of Nigel Farage when closing his Coutts bank account, leading to the resignation of CEO Dame Alison Rose.
-
The former CEO of NatWest breached data protection laws by discussing Nigel Farage's banking relationship with a journalist, leading to her resignation.
-
Internal messages reveal NatWest staff's derogatory comments about Nigel Farage and gloating over closure of his bank accounts
-
Rishi Sunak scrapped energy efficiency regulations for landlords, leading to concerns about higher bills and colder homes for tenants.
-
Nadhim Zahawi is reportedly brokering a deal between Middle Eastern investors and the Barclay family to regain control of The Daily Telegraph and The Sunday Telegraph.
-
Liz Truss was reportedly denied a bank account by Monzo for her leadership campaign due to her status as a politically exposed person.