NatWest Group has appointed a UBS executive to head up its wealth business, including high-net-worth bank Coutts, after it was at the centre of a debanking crisis which led to the resignation of two of its bosses. Emma Crystal will become chief executive in the summer, moving from her current job managing the sustainable finance unit at the Swiss banking giant. The announcement comes more than six months after Peter Flavel resigned as boss of the wealth division, admitting that Coutts had ?fallen below the bank?s high standards of personal service?

in how it handled former politician Nigel Farage?s account. Incoming boss Ms Crystal will report directly to NatWest?s interim chief executive Paul Thwaite, and will also join the board of Coutts. She has held wealth management leadership roles at Credit Suisse, which was bought by UBS last year, and started her career in investment banking at Deutsche Bank.