1116 GMT - NatWest is among the most mentioned companies across news items over the past six hours, while former Chief Executive Alison Rose and Chair Howard Davies are among the most mentioned executives, according to Factiva data. Rose stepped down earlier this week following "a serious error of judgment" in talking to a journalist about the decision by NatWest subsidiary Coutts to close the account of ex-UKIP leader Nigel Farage. Meanwhile, Davies told reporters in an earnings call on Friday that he intended to continue to lead the board. Throughout the week, Farage has been keeping up his attack on NatWest, calling for the whole board to go. NatWest also said Friday that it has appointed a lawfirm to undertake an independent review into Coutts' account closure arrangements. "The scandal over confidentiality and the way it has played out is a reminder to other investors that the Government remains a major shareholder and, as such, has real influence on the way the bank is run," AJ Bell's investment director Russ Mould writes. Dow Jones & Co. owns Factiva. (elena.vardon@wsj.com)

 

(END) Dow Jones Newswires

July 28, 2023 07:32 ET (11:32 GMT)

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