NatWest is under pressure to halt a £2.4m payout to former boss Dame Alison Rose, who quit over the handling of the closure of Nigel Farage’s bank account last month.
The firm announced today it will pay her £1.155 million in salary for the year, £1.155 million in NatWest shares - which she will receive over a five-year period - and £115,566 in pension payments. The pay deal totals around £2.43 million.
Former Brexit secretary David Davis said: "If a junior employee had breached bank confidentiality, they would have been out on their ear with no pay whatsoever." "Decisions on these awards, along with any decisions regarding other remuneration matters, will be made taking into account the findings of the investigations, as appropriate."
Ms Rose admitted last month to making "a serious error of judgment" by discussing Mr Farage's bank account at Coutts with a journalist.
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