NatWest's Thwaite, who's been CEO for under two months, thinks the bank's goal to simplify things should start at the top.
International Paper has made a takeover proposal for British paper and packaging group DS Smith, opening up the possibility of a bidding war for the company, which had already reached a deal with competitor Mondi. - NatWest Group's new chief executive Paul Thwaite has slashed his executive committee to remove "unnecessary complexity" as the bank embarks on an era without the British government as a controlling shareholder and prepares for a sale of stock to retail investors.
Barclays, HSBC, Halifax, Lloyds, Monzo, Nationwide, NatWest, Santander and Starling were all targeted in scams.