Government to cut down its £12bn stake in Natwest as it bids to free up money to cope with the pandemic By Daily Mail City & Finance Reporter Published: 17:03 EDT, 22 July 2021 | Updated: 17:15 EDT, 22 July 2021 The Treasury still owns a 54.7 per cent stake in Natwest following its £46bn … Read more
I have just started work as the part-time clerk and responsible financial officer to a parish council and, as such, am a signatory on the council’s bank account and need online banking access. The council bank accounts are with NatWest, where I happen to be a personal customer of almost 40 years’ standing. However, they … Read more
Government to sell down 5% more of its NatWest stake: Bank moves a step closer to reprivatisation following £45.5bn bailout By Lucy White For The Daily Mail Published: 21:50 BST, 10 May 2021 | Updated: 22:01 BST, 10 May 2021 Natwest has moved a step closer to reprivatisation after the Government announced plans to sell … Read more
Outlook is rosier says NatWest boss: Bank reports bumper profits – but money laundering scandal casts cloud over costs By Lucy White For The Daily Mail Published: 22:54 BST, 29 April 2021 | Updated: 23:12 BST, 29 April 2021 Natwest raked in bumper profits in the first three months of this year after fewer people … Read more
Victims of sophisticated investment scams have questioned how Britain’s biggest banks are allowing fraudsters to set up bank accounts to harvest tens of thousands of pounds by posing as representatives of legitimate financial firms. Clone scammers peddling fake investment products stole close to £213,700 a day from Britons in 2020, with victims losing £45,242 on … Read more
It would have looked unremarkable to a passer-by: A man carrying a holdall, walking into a building on an industrial estate. It was anything but. The bag was stuffed with more than £250,000 in cash. And the man carrying it was among a procession of couriers who ensured up to £2million flowed into that building … Read more
It would have looked unremarkable to a passer-by: A man carrying a holdall, walking into a building on an industrial estate. It was anything but. The bag was stuffed with more than £250,000 in cash. And the man carrying it was among a procession of couriers who ensured up to £2million flowed into that building … Read more
ALEX BRUMMER: FCA finally shows its mettle by bringing money laundering charges against NatWest By Alex Brummer for the Daily Mail Published: 01:13 GMT, 17 March 2021 | Updated: 01:38 GMT, 17 March 2021 Who would have thought it? The dusty, slow to act, legalistic and over-cautious City regulator, the Financial Conduct Authority (FCA), daring … Read more
Natwest rocked as watchdog launches criminal proceeding into £365m money laundering scandal By Matt Oliver For The Daily Mail Published: 01:14 GMT, 17 March 2021 | Updated: 01:39 GMT, 17 March 2021 NatWest has been dragged into a massive money laundering scandal involving hundreds of millions of pounds deposited in banknotes. In a move that … Read more
City watchdog launches criminal probe into Natwest over money laundering failures after £365m was paid in to bank by Bradford based gold dealer The Financial Conduct Authority (FCA) is investigating the NatWest Group Alleges that ‘increasingly large cash deposits’ were made into customer account Around £365 million was paid in – of which some £264 … Read more