Hedge fund owner takes out short position on NatWest stock, then uses his news channel (GBNews) to whip up outrage over the bank’s treatment of one of its presenters. Nat West stock falls by £850million. Fund owner exits the trade, laughing all the way to the bank.
Coutts bank, second line, Crown Dependencies.
Just about says everything about the bank and the people that use it.
Has in the past been fined for money laundering.
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