National Westminster Bank has made a further attack on the hostile £27bn bid made for the beleaguered bank by Bank of Scotland.
Natwest chairman Sir David Rowland claims BoS managers believe the hostile approach has been mistaken. He said: “The meeting we attended with Bank of Scotland demonstrated a complete reversal of attitude by its management team.”
Rowland also said it raised “serious questions” about BoS leadership.
Royal Bank of Scotland joined in the bidding for NatWest last month.