Ex-NatWest boss loses out on £7.6m payout after Farage row
Dame Alison Rose will lose out on £7.6m after she admitted to discussing the closure of Nigel Farage’s bank account.
The former NatWest boss will receive her £2.4m fixed pay package, but will not benefit from share awards and bonuses she had been previously entitled to.
Dame Alison quit in July after she spoke about Farage’s Coutts bank account – Coutts is owned by Natwest.
NatWest said Dame Alison had not been given “good leaver” status.
If she had she would have been entitled to receive the entire amount which, after including her yearly salary, would have exceeded £10m.
NatWest said there had been “no finding of misconduct” made by the bank against Dame Alison.