1313 GMT - NatWest Group is among the most mentioned companies across news items over the past four hours, according to Factiva data, after the bank said former CEO Alison Rose won't get her full payout. The U.K. bank said Rose would miss out on 7.6 million pounds ($9.3 million) in bonuses and share awards and would only receive the fixed elements of her pay--which amount to GBP1.7 million--for the rest of her notice which ends next July. The lender said that under share-plan rules the so-called "good-leaver" status wasn't applicable, and that Rose would forego the bulk of her potential payout. The former CEO resigned in July following a conversation with a journalist about the accounts of former Coutts customer and Brexit campaigner Nigel Farage which engulfed the bank in a political drama. Shares at 1308 GMT were down 1.40 pence, or 0.7%, at 199.40 pence. Dow Jones & Co. owns Factiva. (anthony.orunagoriainoff@dowjones.com)

(END) Dow Jones Newswires

November 10, 2023 08:28 ET (13:28 GMT)

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