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Banks’ ESG focus under scrutiny as Farage wins head of NatWest’s Rose
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The departure of Alison Rose from NatWest following the Farage farrago is a victory for those who want banks to stick to their knitting and stop dabbling in politics. It is likely to have a chilling effect on firms’ pursuit of environmental, social and governance aims alongside profits.
How significant the impact will be remains to be seen but the sudden defenestration of a popular and successful chief executive will concentrate minds in the boardroom (even if, strictly speaking, her crime was breaching customer privacy rather...
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