SubtleBlade ⚔️ · @SubtleBlade
225 followers · 4635 posts · Server mastodon.scot

New boss worked for firm under investigation in ‘world’s biggest financial scandal’

Exclusive: was paid £200,000 a year by company, , involved in 1MDB
theguardian.com/business/2023/

#scandal #petrosaudi #saudi #rickhaythornthwaite #oil #Natwest

Last updated 1 year ago

· @Newstarget
2252 followers · 22343 posts · Server brighteon.social
· @Newstarget
2230 followers · 22008 posts · Server brighteon.social
· @NaturalNews
6173 followers · 31417 posts · Server brighteon.social

CEO resigns amid allegations of steering ' diversity drive and scandalously debanking conservative

naturalnews.com/2023-07-30-wok

#woke #Natwest #coutts #NigelFarage

Last updated 1 year ago

Richard Peat  · @rtpeat
43 followers · 456 posts · Server mastodon.scot

Former stock broker kicks up a big fuss about the bank causing the share price to fall, Farage’s mate who owns makes a packet trading NatWest shares… 🤔

standard.co.uk/business/gb-new

#short #GBNews #Natwest #farage

Last updated 1 year ago

Jon PENNYCOOK · @jonpsp
65 followers · 4121 posts · Server mstdn.social

Nigel Farage's bank account was closed due to concerns.

'The document flagged concerns that he was "xenophobic and racist", and also raised concerns about the reputational risk of having Mr Farage as a client.'

'Mr Farage said the BBC had fallen for "spin" and he had been "cancelled" for his political views.'

bbc.co.uk/news/entertainment-a

#Banks #bank #NigelFarage #Politics #Coutts #Natwest #UK #banking #farage

Last updated 1 year ago

Primo Natura · @primonatura
740 followers · 3647 posts · Server mstdn.social

#banking #Banks #Natwest

Last updated 1 year ago

· @Newstarget
2173 followers · 20622 posts · Server brighteon.social
CryptoNewsBot · @cryptonewsbot
414 followers · 17711 posts · Server schleuss.online

NatWest bank puts $6K monthly limit to crypto exchange payments - NatWest’s head of fraud protection emphasized the importance of s... - cointelegraph.com/news/natwest

#scams #Natwest #investments #unitedkingdom

Last updated 2 years ago

Ariadne · @ariadne
683 followers · 216 posts · Server kolektiva.social

"Big are raking in billions, and we all pay the price – time for a new windfall tax"
- Fran Boait's excellent piece in today's Guardian -
"Another week, another corporate monopoly recording huge profits off the backs of millions struggling to pay bills, feed their families and keep the lights on. This time it’s the turn of the big banks, which are reporting record profits driven by the interest rate hikes that the Bank of England has continued to ratchet up, despite its own admission that this may do little to bring down inflation, which is driven by high fossil fuel prices.

Today HSBC reported doubling its quarterly profits to £4.3bn for the end of 2022. The big five banks – Barclays, HSBC, Lloyds TSB, NatWest and Standard Chartered – look set to post profits of £37.4bn as they reveal their earnings for 2022. These are the highest since the 2008 crash and are coming straight from households and small businesses in the form of higher mortgage payments, and increased rates on loans. Banks are also set to receive £150bn in the next six years from the Bank of England paying interest on the risk-free reserves banks hold with the central bank, an average of £25bn a year essentially just for sitting on cash.

The scale of this transfer from the public to banks is especially difficult to justify at a time when most workers are barely able to cover the essentials, and public services are facing even more cuts. And it’s not as if the banks are passing these interest rate hikes on to savers; they are hoarding them, and paying out huge bonuses after the government removed the bonus cap. Last week Barclays reported £1.8bn was paid out in bonuses, from a total of £7bn profit, and NatWest profits increased by a third to £5.1bn.

theguardian.com/commentisfree/

#banks #banksters #finance #capitalism #profits #hsbc #bankofengland #barclays #interestrates #theft #Natwest #lloyds #standardchartered

Last updated 2 years ago

Primo Natura · @primonatura
594 followers · 2529 posts · Server mstdn.social

"NatWest has announced it will stop offering loans to new customers hoping to fund oil and gas exploration, extraction or production projects, as part of a wider climate transition plan due to be unveiled next week."

theguardian.com/global/2023/fe

#Climate #fossilfuels #gas #oil #banking #Banks #Natwest

Last updated 2 years ago