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The Latest Breaking News on Financial Services

Nigel Farage calls for entire NatWest board to go after boss quits over banking row

‘In my view, they should all go,’ the former UKIP leader said as Alison Rose steps down

The Independent UK

Dame Alison, the rising NatWest star who fell to earth

Until this muck-up with Nigel Farage, Rose had barely put a foot wrong

Evening Standard

Nigel Farage calls for wider ‘cultural change’ at NatWest after boss quits

The former Ukip leader has hit out at the wider NatWest Board

Evening Standard

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NatWest Bank CEO ousted after furor over politician Nigel Farage's bank account

NatWest, one of Britain’s biggest banks, says its chief executive has left her job after discussing personal details of a client — the populist politician Nigel Farage — with a journalist

The Independent UK

Farage calls for wider ‘cultural change’ at NatWest after boss quits

Speaking to the PA news agency early on Wednesday, the former Ukip leader hit out at the wider NatWest Board.

The Independent UK

NatWest boss Dame Alison Rose quits after admitting Nigel Farage leak to BBC

An emergency board meeting was called late on Tuesday, with the announcement of Dame Alison Rose’s resignation a few hours later

Evening Standard

‘Significant concerns’ in Downing Street as NatWest boss quits over Farage leak

Dame Alison Rose resigns after admitting ‘serious error of judgment’

The Independent UK

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NatWest boss Alison Rose quits after admitting Farage leak to BBC

Nigel Farage says the entire NatWest Board ‘needs to go’ following Dame Alison Rose’s resignation

The Independent UK

NatWest boss Alison Rose resigns over Nigel Farage Coutts accounts row

Bank’s first female chief executive steps down after admitting being the source of BBC story about former Ukip leader

The Guardian - UK

NatWest CEO admits ‘serious error’ of discussing Farage bank accounts but clings on to job

Bank warns Alison Rose could see pay docked after controversy over closure of ex-Ukip leader’s Coutts accounts

The Guardian - UK

NatWest CEO says she made ‘serious error’ in discussing Nigel Farage Coutts account, but board backs her

The chair of the bank said Dame Alison Rose still has the board’s “full confidence”

Evening Standard

Damning messages reveal JPMorgan execs discussed seeing ‘nymphettes’ at Jeffrey Epstein property

‘A few people (were) laughing about Jeffrey’: JP Morgan executives allegedly joked about Epstein surrounding himself with young women and girls

The Independent UK

What’s so good about a Coutts account anyway? And all the other luxury credit cards you need to know about

The luxury bank that recently kicked Nigel Farage off its books is all anyone can talk about in the world of personal finance. Isolde Walters lays out the benefits of the UK’s most exclusive credit card

Evening Standard

HSBC, Nationwide and TSB failed to send transaction histories to some customers

The providers breached a requirement that payment transaction histories should be provided to customers when they close their account.

The Independent UK

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Caixin Global

China Plans to Relax Rules on Foreign Firms Investing in Bad-Debt Managers

Removing the ban on overseas nonfinancial firms’ equity investment can help attract talent with professional experience, financial regulator says

Motor1

Santander Closes Accounts Of Customers Who Paid Cash For Cars In Argentina

The bank considered the transactions suspicious even though they were approved by the AFIP.

The Guardian - UK

City minister summons UK bank bosses to discuss Farage account closure

Andrew Griffith raises ‘significant concern’ after Coutts judged ex-Ukip leader ‘did not align’ with its values

The Guardian - UK

Coutts’ virtue-signalling plan had one flaw. The bank has no virtue to signal

Compiling the Farage dossier takes some cheek when you have so many ghastly clients

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The Guardian - UK

Bank rule changes after Nigel Farage furore could tip off criminals, say experts

Plans to make closure of accounts more transparent may ‘undermine’ measures against money laundering

Dynamite News

Rozgar Mela: PM Modi distributes over 70,000 appointment letters to newly inducted recruits

Prime Minister Narendra Modi on Saturday distributed more than 70,000 appointment letters to newly inducted recruits via video conferencing. Read further on Dynamite News:

The Guardian - UK

Credit cards: new UK rules could mean end of O% interest deals

Regulations could allow wider access to online-only bank accounts – but no-fee balance transfer deals may have to go

The Independent UK

Boris Johnson says Natwest boss must quit if she leaked Nigel Farage’s account details

The former prime minister called for an inquiry into reporting on the Farage account closure row

The Times of India

Man arrested for stealing from ATM in north Delhi

NEW DELHI: A 40-year-old man named Mohammad Azad was arrested for allegedly stealing cash after breaking open an ATM machine in north Delhi, police said on Friday.

The Hindu

After 30 years of court battle, his wait for justice continues

Retired exec. Pillai, falsely implicated in gold theft case 30 yrs ago, now stands as witness. After inhuman torture & false evidence, Pillai was acquitted by court in 2021.

The Independent UK

Pressure builds on Coutts CEO over claims he kept his NatWest boss in the dark over Farage fiasco

Insiders say Peter Flavel did not do enough to keep Dame Alison Rose fully updated

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