Natwest CEO Pay Hits £6.6m Amid Bonus Surge
Natwest's chief executive Paul Thwaite received a £6.6m pay package, a 33% increase, as the bank's profits reached a post-crisis high of £7.7bn. The rise follows deregulation of bonus caps post-Brexit.
Natwest's chief executive Paul Thwaite received a £6.6m pay package, a 33% increase, as the bank's profits reached a post-crisis high of £7.7bn. The rise follows deregulation of bonus caps post-Brexit.
Paul Thwaite, the new permanent CEO of NatWest, has been awarded a £2.4 million payout, sparking debate over executive compensation and comparisons to past controversies.
NatWest Group has raised bonuses for its highest-performing employees by 13% following a 71% increase in its trading unit's performance, reflecting strong financial results.
Goldman Sachs' top lawyer, Marco De Giorgi, has departed the firm, marking a significant leadership change in the bank's legal department.
Shared lists with real-time sync. No signup needed — just open and shop together.
RecommendedCitigroup CEO Jane Fraser's total compensation increased to $42 million in 2023, reflecting her leadership in the bank's restructuring efforts and financial performance.
Kathy Ruemmler, Goldman Sachs' chief legal officer, resigns following emails showing close ties to Jeffrey Epstein, whom she called 'Uncle Jeffrey,' raising conflict concerns.
Goldman Sachs' top lawyer Kathryn Ruemmler is leaving the bank following scrutiny over her past legal work for Jeffrey Epstein, marking a significant leadership change.
Former Apprentice contestant Susie Ma discusses her journey from market stall to £68m turnover, revealing why buying back Lord Sugar's shares felt like 'steering the ship by myself'.
KKR's $1.4bn acquisition of Arctos Partners reveals private equity's shift toward regulatory preparedness and diversified platforms, not just sports investment growth.
Shared lists with real-time sync. No signup needed — just open and shop together.
RecommendedNatWest Group will disclose a £490m bonus pool for 2025, a 10% increase, as it completes its transition to full private ownership after 17 years of state control.
The CEO of Schroders shares candid insights on the emotional journey behind the $9.9 billion mega-deal with Nuveen, revealing initial excitement and subsequent shock.
Documents reveal Jes Staley served as a trustee for Jeffrey Epstein's estate until 2015, conflicting with his 2025 court testimony denying the role. The trust details millions in bequests and raises questions about his ties to the convicted sex offender.
The Serious Fraud Office has officially dropped all corruption charges against former London Mining executives, citing insufficient evidence after a decade-long investigation into alleged bribery in Sierra Leone.
BNP Paribas and Wells Fargo have been appointed as key advisors on a major £10 billion capital deal for Schroders, highlighting their roles in high-value financial transactions.
Shared lists with real-time sync. No signup needed — just open and shop together.
RecommendedChiara Caldwell, managing director at Close Brothers, reveals her unique career path from fine dining hospitality to corporate finance leadership in London's Square Mile.
Morgan Stanley has recruited Robert Stheeman, former head of the UK Debt Management Office, for a senior position, leveraging his expertise in government finance and debt markets.
Historic British asset manager Schroders agrees to a £9.9bn acquisition by Chicago-based Nuveen, creating a global giant with $2.5tn in assets while retaining London as its largest office.
American investment firm Nuveen acquires UK asset manager Schroders for £9.9 billion, creating a global giant with £1.8 trillion in assets under management.
Nuveen, the investment arm of TIAA, has agreed to purchase Schroders in a landmark £9.9 billion transaction, reshaping the global asset management landscape.
Shared lists with real-time sync. No signup needed — just open and shop together.
RecommendedSalesforce CEO Marc Benioff faced internal criticism after joking about the company's contract with ICE, highlighting ongoing tensions over tech ethics and corporate responsibility.
Banctrust, a prominent City investment bank, has announced a major board restructuring as it navigates an uncertain financial future, sparking industry speculation.
Leading financial institutions are re-emphasizing wealth management divisions, viewing them as stable revenue sources amid market volatility and changing client demands.
London-listed specialty chemicals producer Synthomer is exploring a share sale to raise tens of millions of pounds, aiming to fortify its balance sheet amid declining demand and substantial debt.
CVC Capital Partners' Global Sport Group is finalizing a £2 billion debt financing deal with Pimco, chaired by former UK Prime Minister Gordon Brown, expanding its sports investment portfolio.
Shared lists with real-time sync. No signup needed — just open and shop together.
RecommendedHeineken is cutting 8,000 jobs globally due to a 5% drop in beer consumption, driven by health trends and economic pressures, with significant impacts in Europe and the US.
Sir Jan du Plessis, chair of the Financial Reporting Council, will step down in September, marking his retirement from corporate and public life after a distinguished career.
Asset management giant Pimco is anchoring a €2.35bn senior debt refinancing for CVC's Global Sport Group, part of a broader £3bn capital overhaul for the sports investment vehicle.
Katie Price reportedly plans to leave the UK permanently for Dubai with husband Lee Andrews, purchasing property there despite family worries about his business credentials.
The Financial Reporting Council has initiated a recruitment process to find a successor for Sir Jan du Plessis, who is stepping down as chair after a tenure marked by regulatory reforms.
Shared lists with real-time sync. No signup needed — just open and shop together.
RecommendedGoogle owner Alphabet raises £1bn through rare century bond as tech giants face massive AI capital costs, reviving a financing method last popular in the 1990s.