Seeing is believing: young girls need more female role models in business to look up to May 27, 2022 Ensuring that anyone with potential can get on in life makes good business sense. It means that women should have the same opportunities as men to start their own businesses and be represented at every level. Despite female-founded SMEs contributing around £85bn of the UK’s economic output each year, there is still much more to [...]
We must celebrate and support more women-led firms in venture capital May 24, 2022 All investors are judged on the quality of their decision-making. Where we get it right, companies thrive; where we make mistakes, the consequences are obvious. Success and failure are both easy to measure – we can be frank about what works and what doesn’t. When it comes to venture capital’s record for investing in women, [...]
RBS to select Alison Rose to become first female chief executive August 10, 2019 The Royal Bank of Scotland (RBS) is set to pick Alison Rose to become its new chief executive. Rose will become the first woman to lead one of the UK’s biggest high street lenders and is likely to be named as Ross McEwan’s successor in the coming weeks, Sky News claim. Read more: Outgoing RBS [...]
NatWest books £300m in legal fees to deal with money laundering fallout October 29, 2021 NatWest has set aside nearly £300m in legal fees to deal with the fallout of admitting it allowed money laundering to take place in the bank. The bank announced in its third quarter results that it booked a £294m litigation and conduct charge during the period. NatWest recently became the first British bank to admit [...]
Seven things banks will be looking out for in 2024 December 31, 2023 A challenging year is in the offing for lenders – from regulatory reform to fraud crackdowns
State-owned NatWest slapped with £265m money laundering fine December 13, 2021 State-owned bank NatWest has today been slapped with a £265m fine for failing to stop millions of pounds of dirty money flowing through its system. The judgement concludes the first money laundering case against a British lender. The verdict sparked speculation among City expects over whether it will prompt global regulators to pursue other financial [...]
PM aiming to schmooze globe’s top finance brass at green summit October 5, 2021 The chiefs of the globe’s top finance brass will attend a green summit hosted by Prime Minister Boris Johnson. The bosses of Wall Street behemoths JPMorgan and Goldman Sachs and asset manager big beasts BlackRock and Blackstone will be among those Johnson is hoping to schmooze to generate billions of pounds of investment for the [...]
A bold playbook for women in blockchain March 13, 2023 Bridget Greenwood, of The Bigger Pie, discusses the crucial role and opportunities to be grasped by women in blockchain.
Which banks were the winners and losers of 2023? December 29, 2023 After a year of big headlines, which UK banks pressed ahead and which fell behind in 2023?
NatWest’s Ulster Bank to sell €4.2bn worth of commercial lending to AIB June 28, 2021 The NatWest group and Ulster Bank in the Republic of Ireland (UBIDAC) have agreed with Allied Irish Banks (AIB) to sell the majority of its commercial lending for around €4.2bn. Around 280 workers will transfer from UBIDAC to AIB, one of Ireland’s largest banks, as part of the agreement, with the final number of roles [...]