Article 6E3BN NatWest chief ousted over Nigel Farage accounts row in line for £2.4m payout

NatWest chief ousted over Nigel Farage accounts row in line for £2.4m payout

by
Kalyeena Makortoff Banking correspondent
from World news | The Guardian on (#6E3BN)

Bank to pay salary, pension and shares to Alison Rose, who resigned at end of July, during 12-month notice period

NatWest Group's ousted chief executive Alison Rose is in line for a pay package worth more than 2.4m, despite being forced to resign last month over a scandal linked to the threatened closure of Nigel Farage's bank accounts.

The bank, which is 38.5% owned by the taxpayer, said it would continue to pay Rose while she served a 12-month notice period, as stipulated in her employment contract.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://www.theguardian.com/world/rss
Feed Title World news | The Guardian
Feed Link https://www.theguardian.com/world
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2025
Reply 0 comments