NatWest Cuts Profit Margin Guidance Amid Farage Furor

NatWest Cuts Profit Margin Guidance Amid Farage Furor

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Interactive Video

Business

University

Hard

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The video discusses Barclays' financial performance, highlighting a 27% increase in Q2 pretax profits, despite mixed investor reactions due to changes in interest margin guidance. Attention then shifts to the Nigel Farage scandal, with NatWest executives addressing the situation publicly. Howard Davis, NatWest's chairman, reassures stakeholders of support from the UK government and regulators, while Paul Thwaite, the interim CEO, acknowledges the challenging circumstances. The leadership appears more stable than initially expected.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Who is the chairman of NatWest mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What did Nigel Farage indicate about Howard Davis's job security?

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