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BBCNEWS Asia Business Report June 4, 2024 00:32:00 - Vimarsana News

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...

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

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 reassur...

BBCNEWS World Business Report June 4, 2024 04:32:00 - Vimarsana News

BBCNEWS World Business Report June 4, 2024 04:32:00

Will be trying to draw a line under the row. perhaps why we're seeing _ under the row. perhaps why we're seeing the _ under the row. perhaps why | we're seeing the information rushed out. they're trying to draw a line under it. it is a reputational one, not a financial one. the financial bank reassuringly dark according toal i wills. that's how they put it, because this is a bank making more money as interest rates go up. but the row is anything but dull. because so many questions remain. can the chairman remain? does the board retain the faith of investors? and crucially for customers, where ...

BBCNEWS Asia Business Report June 4, 2024 00:39:00 - Vimarsana News

BBCNEWS Asia Business Report June 4, 2024 00:39:00

Confidence in her. however, just eight hours later, in the middle of the night, natwest announced she is stepping down. coutts prides itself on having served the brightest and best, it says, for over 300 years. once dubbed the queen's bank, 0nce dubbed the queen's bank, its a stranger to scandal. yet its a stranger to scandal. yet it finds itself embroiled in a crisis, not a financial one, but a reputational one, and one which has provoked a discussion about how banks should view their customers. the city minister summoned senior bankers to discuss whether line should be drawn between risk and...

BBCNEWS BBC News at Six June 4, 2024 17:13:00 - Vimarsana News

BBCNEWS BBC News at Six June 4, 2024 17:13:00

Peter flavel was the man who has beenin peter flavel was the man who has been in charge of coutts for the last seven years or so, he has accepted full responsibility and he has now gone. natwest is hoping it is going to draw a line under things and it has results coming out in the morning. while this is a crisis, it is a reputational one, not a financial one. their finances is a reputational one, not a financial one. theirfinances have financial one. their finances have been financial one. theirfinances have been described as reassuringly dull. what isn't dull is this row. can the chairman sta...