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NatWest's £365m laundering trial to 'hurt bank's name'


NatWest faces significant damage to its reputation this week as it becomes the first bank to appear in court on criminal charges over money laundering, lawyers say. 
It has been slammed by the City watchdog for its role in an alleged £365million scandal, and its legal team will appear at Westminster Magistrates Court on Wednesday when it is expected that the case will be sent to the Crown Court. 
NatWest might also be asked how it intends to plead. 
A sign of things to come: NatWest has been slammed by the City watchdog for its role in an alleged £365million scandal ....

City Of , United Kingdom , Nicola Oconnor , Alison Rose , Sarah Crowther , Fowler Oldfield , Nikhil Rathi , Crown Court , Westminster Magistrates Court On , London Stock Exchange , Financial Conduct Authority , Westminster Magistrates Court , London Stock , Mo Ney , நகரம் ஆஃப் , ஒன்றுபட்டது கிஂக்டம் , நிகோலா ஒக்கொன்னோர் , அலிசன் உயர்ந்தது , சாரா கூட்டம் , கோழி ஓல்ட்ஃபீல்ட் , நிகில் ரதி , கிரீடம் நீதிமன்றம் , வெஸ்ட்மின்ஸ்டர் நீதிபதிகள் நீதிமன்றம் ஆன் , லண்டன் ஸ்டாக் பரிமாற்றம் , நிதி நடத்தை அதிகாரம் , வெஸ்ட்மின்ஸ்டர் நீதிபதிகள் நீதிமன்றம் ,

Outlook is rosier says NatWest boss: Bank reports bumper profits


Representatives of the bank are due to appear in Westminster Magistrates Court on May 26 for an initial hearing.
The FCA has accused Natwest of failing to monitor the account of a customer, understood to be Bradford-based gold dealership Fowler Oldfield.
Fowler Oldfield is alleged to have deposited £365million, including £264million in cash, in increasingly large sums between November 2011 and October 2016.
After a police raid in 2016 Fowler Oldfield was shut down and liquidated. At the time, 12 people were arrested for money-laundering offences.
Chief executive Alison Rose, who was not in charge when the incidents occurred between 2011 and 2016, said: We re very disappointed with the situation. ....

United Kingdom , Alison Rose , Andy Haldane , Fowler Oldfield , Westminster Magistrate Court On , Financial Conduct Authority , Lloyds Bank , Westminster Magistrate Court , Mo Ney , ஒன்றுபட்டது கிஂக்டம் , அலிசன் உயர்ந்தது , ஆண்டி ஹால்டேன் , கோழி ஓல்ட்ஃபீல்ட் , வெஸ்ட்மின்ஸ்டர் மாஜிஸ்திரேட் நீதிமன்றம் ஆன் , நிதி நடத்தை அதிகாரம் , லாயிட்ஸ் வங்கி , வெஸ்ட்மின்ஸ்டர் மாஜிஸ்திரேட் நீதிமன்றம் ,

Outlook is rosier says NatWest boss: Bank reports bumper profits


Representatives of the bank are due to appear in Westminster Magistrates Court on May 26 for an initial hearing.
The FCA has accused Natwest of failing to monitor the account of a customer, understood to be Bradford-based gold dealership Fowler Oldfield.
Fowler Oldfield is alleged to have deposited £365million, including £264million in cash, in increasingly large sums between November 2011 and October 2016.
After a police raid in 2016 Fowler Oldfield was shut down and liquidated. At the time, 12 people were arrested for money-laundering offences.
Chief executive Alison Rose, who was not in charge when the incidents occurred between 2011 and 2016, said: We re very disappointed with the situation. ....

United Kingdom , Alison Rose , Andy Haldane , Fowler Oldfield , Westminster Magistrate Court On , Financial Conduct Authority , Lloyds Bank , Westminster Magistrate Court , ஒன்றுபட்டது கிஂக்டம் , அலிசன் உயர்ந்தது , ஆண்டி ஹால்டேன் , கோழி ஓல்ட்ஃபீல்ட் , வெஸ்ட்மின்ஸ்டர் மாஜிஸ்திரேட் நீதிமன்றம் ஆன் , நிதி நடத்தை அதிகாரம் , லாயிட்ஸ் வங்கி , வெஸ்ட்மின்ஸ்டர் மாஜிஸ்திரேட் நீதிமன்றம் ,