NatWest Increases Its Hypocrisy Rating

NatWest introduces transaction limits to protect against crypto-criminals

The new rules will limit transfers to crypto exchanges to £5,000 per 30 days with no more than £1,000 per day.

In October 2021, The boss of NatWest Bank tells crypto users to abandon all hope

“Let’s just ban the damned stuff. Why beat about the bush here.”

However, the financial geniuses at Natwest... NatWest Traders Hit ‘Red Zone’ After Risk Model Failures

While HSBC and StanChart hit the “amber zone” under Basel rules, NatWest’s more frequent breaches mean it’s expected to remain in the “red zone” until at least the end of the first quarter, inviting greater regulatory scrutiny.

Same issues as brought down banks such as SVB.

And the CEO of NatWest should remember her bank was bailed out by government. What could be more useless?

and

A statement from the financial watchdog said the bank was being investigated for offenses under Money Laundering Regulations 2007. They allege NatWest failed to adhere to the regulations over a near five-year period from November 11, 2011, to October 19, 2016.

FCA starts criminal proceedings against NatWest Plc

A relationship bank on the digital take.