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

Exclusive: #RickHaythornthwaite was paid £200,000 a year by #Saudi company, #PetroSaudi, involved in 1MDB #scandal
https://www.theguardian.com/business/2023/sep/09/new-natwest-boss-rick-haythornthwaite-saudi-company-petro-saudi-1mdb

First #NatWest and #Coutts, then #JPMorganChase, now #BankOfAmerica #debanking #IndigenousAdvanceMinistries #Uganda

https://newstarget.com/2023-08-28-bank-of-america-debanks-conservative-christian-charity-uganda.html

The #banks are going rogue #NatWest #debanking #NigelFarage
https://newstarget.com/2023-08-10-natwest-bank-debanking-cash-limits-nigel-farage.html

#Woke #NatWest CEO resigns amid allegations of steering #Coutts' diversity drive and scandalously debanking conservative #NigelFarage

https://www.naturalnews.com/2023-07-30-woke-natwest-ceo-resigns-after-debanking-nigel-farage.html

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

https://www.standard.co.uk/business/gb-news-owner-s-firm-makes-millions-as-natwest-shares-slide-b1097128.html

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.'

https://www.bbc.co.uk/news/entertainment-arts-66288464

#Farage #banking #UK #NatWest #Coutts #politics #NigelFarage #bank #banks

"NatWest pledges £1bn to support low-carbon manufacturing"

#Natwest #Banks #Banking

https://www.edie.net/natwest-pledges-1bn-to-support-low-carbon-manufacturing/

#NatWest has no right to demand this

https://newstarget.com/2023-05-26-natwest-demanding-customers-explain-cash-withdrawals.html

#withdrawals

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

"Big #banks 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.

https://www.theguardian.com/commentisfree/2023/feb/21/banks-record-profits-windfall-tax

#Banksters #Finance #Capitalism #Profits #HSBC #BankofEngland #Barclays #InterestRates #Theft #NatWest #Lloyds #StandardChartered

"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."

#NatWest #Banks #Banking #Oil #Gas #FossilFuels #Climate

https://www.theguardian.com/global/2023/feb/09/natwest-to-end-new-business-loans-for-oil-and-gas-extraction