Discover and read the best of Twitter Threads about #shredded
Most recents (1)
Howard Davies says the turning point for RBS/NatWest came in 2018, when the bank was fined $4.9bn for fuelling the US sub-prime mortgage crisis. Until that point, it had been “scrambling behind the sofa” to find capital, he says. theguardian.com/business/2022/…
Former regulator Sir Howard Davies has had a career path comparable to that of a French Énarque — an alumnus of the École nationale d'administration in Paris — and has been chairman of RBS/NatWest since September 2015. How I introduced him in #Shredded: 
Why Sir Howard Davies’ claims that the culture at RBS/NatWest has been transformed since the days of Fred Goodwin sometimes ring hollow. Excerpt from Shredded: Inside RBS The Bank That Broke Britain (2019 edition)
