Banking on a storm: Natwest weathers first of AGM climate rows Banking Natwest faced a prickly time in its Edinburgh AGM and in this week’s column Samuel Norman looks at whether fun and games could be in store for its peers. Also on the agenda this week – Revolut heads for some Spanish sun. Natwest chair Rick Haythornthwaite suffered a thorny reception on Tuesday at the bank’s [...]
Douglas Flint received package from Epstein while at HSBC, files show Banking The incoming chair of Prudential received a mystery package from Jeffrey Epstein while he was finance director of HSBC, the recent release of Epstein files shows. Douglas Flint, who had a decades-long career at Europe’s largest bank, culminating as its chairman from 2010-2018, received the parcel in the early 2000s according to records released by [...]
Prudential names HSBC veteran Douglas Flint as new chair Banking Prudential has tapped the former chairman of banking juggernaut HSBC Douglas Flint as its new chair. The London-listed financial services giant said on Tuesday Flint would succeed retiring Shriti Vadera, who has been in the post since January 2021. Flint served as HSBC’s chair from 2010 to 2017, following a stint as group finance director [...]
How the banking net zero fantasy ran out of gas August 20, 2025 Over the past year, the world’s biggest banks‘ net zero enthusiasm has quickly and quietly dried up. Top lenders have backtracked, diluted or outright abandoned their environmental, social and governance (ESG) policies. The return of President Donald Trump has been highlighted as a turning point for green finance with firms across the financial industry turning sour [...]
Abrdn chairman adds to growing calls to axe the share tax June 9, 2024 The chairman of Abrdn has said that scrapping the tax on share purchases would lift the economy and boost investment in UK firms, adding to the growing calls to abolish the 0.5 per cent levy.