trending Market Intelligence /marketintelligence/en/news-insights/trending/Yktx2yx-NPvCsKSdrGxuNQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

RBS unit NatWest Markets' CEO, CFO resign; interim replacements named

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible

RBS unit NatWest Markets' CEO, CFO resign; interim replacements named

Chris Marks and Richard Place stepped down from their respective roles as CEO and CFO of U.K.-based NatWest Markets PLC and their respective roles as chair and member of Netherlands-based NatWest Markets NV's supervisory board, the two companies said in a joint statement with parent Royal Bank of Scotland Group PLC.

RBS' treasurer Robert Begbie will takeover Marks' CEO role and join the Dutch unit's supervisory board, while RBS' treasury finance director Robert Horrocks will take over Place's CFO role — both on an interim basis while a search for permanent successors is conducted.

Meanwhile, Donal Quaid, RBS' head of treasury markets, will serve as RBS treasurer in lieu of Begbie.

All appointments are subject to regulatory approval.

To ensure a smooth transition, Marks will remain with RBS until June 2020, and Place until March 2020, the lender said.