Thomas, who has previously worked for NatWest Group, KPMG Consulting, Zurich Financial Services and the Bank of America, takes over the CEO role from Paul Harrison.
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Other lenders to offer similar deals were the RBS group (including NatWest), Santander and the Nationwide.
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Natwest is part of the RBS group.
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But it would reduce by 50% in the combined group's 2050 branches - made up of 1, 730 NatWest and 320 Bank of Scotland branches.
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