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BBCNEWS Asia Business Report June 4, 2024 00:32:00

Of natwest s private banking arm coutts is the latest to quit the firm, following in the footsteps of its former chief executive, dame alison rose. the bbc s chief economics correspondent dharshini david was speaking to sophie raworth earlier. peter flavel is the man who has been in charge of coutts for the last seven years or so and he s accepted full responsibility. and he has now gone. natwest is hoping to draw a line under things with results coming out in the morning and we should say that while this is a crisis, this is a reputational one, not a financial one. analysts describe natwest s finances as being reassuringly dull and getting fully back on track from the financial crisis. what isn t dull however is this row. can the chairman stay and what does this mean for banks relating to their customers and their services? meanwhile, oil and gas prices fell sharply this year, and that s weighing on energy companies, oil giant shell posted a 56% slump in profits ....

Peter Flavel , Dharshini David , Dame Alison Rose , Natwest S Private Banking , Chief Economics , Arm Coutts , Sophie Raworth , Banking Giant Natwest , Reputational One , What Isn T , Energy Companies , Oil Giant Shell ,

BBCNEWS Asia Business Report June 4, 2024 01:32:00

Of natwest s private banking arm coutts is the latest to quit the firm, following in the footsteps of its former chief executive, dame alison rose. the bbc s chief economics correspondent dharshini david. peter flavel is the man who has been in charge of coutts for the last seven years or so and he s accepted full responsibility. and he has now gone. natwest is hoping to draw a line under things with results coming out in the morning and we should say that while this is a crisis, this is a reputational one, not a financial one. analysts describe natwest s finances as being reassuringly dull, benefitting from interest rates and getting fully back on track from the financial crisis. what isn t dull however is this row. can the chairman stay and what does this mean for banks relating to their customers and their services? meanwhile, oil and gas prices fell sharply this year, and that s weighing on energy companies, like oil giant shell which posted a 56% slump in profits for the second ....

Peter Flavel , Natwest S Private Banking , Dame Alison Rose , Dharshini David , Arm Coutts , Chief Economics , Banking Giant Natwest , Reputational One , What Isn T , Interest Rates , Energy Companies , Oil Giant Shell ,

BBCNEWS Nicky Campbell June 4, 2024 08:00:00

Bea be a busy and a good one today. will be a busy and a good one today. as ever, two hours where you can have your say on the biggest stories of the moment. this morning. from 10, the labour leader sir keir starmer will be with me to take your calls. you can ask him anything you like. get in touch now text 85058. first off, right now until ten, farage v natwest: your account? fascinated to think what you know about this one. a huge row has broken out around the closure of mr farage s account with natwest s private banking arm coutts. the chief exec of natwest, dame alison rose, resigned. on her bike, out of the bank. that happened in the early hours, after admitting leaking information about mr farage to the bbc. mr farage wants more heads to roll as a warning to the banking industry. ....

Keir Starmer , The Labour Leader , Farage V Natwest , First Off , 85058 First , Dame Alison Rose , Natwest S Private Banking , Arm Coutts , Banking Industry , Leaking Information ,