NATIONWIDE's chief executive Debbie Crosbie has ruled out a move to Natwest as the troubled bank looks for a new boss.

Debbie Crosbie, who joined the building society last June, has been a favourite to replace Dame Alison Rose after she left Natwest in July over the Farage debanking scandal.

Frontrunners for the position include Paul Thwaite, an executive who was appointed in July to replace Rose for an initial 12 months..

Crosbie, announcing half-year results, distanced herself from the job.

"I've only been here for 18 months.

I really wanted to join Nationwide because I love its business model. I'm really happy here," she told MailOnline.

(c) 2023 City A.M., source Newspaper