Financial Times FT.com

Natwest Three could face trial next year

By Ben White in New York and Nikki Tait in London

Published: September 6 2006 20:09 | Last updated: September 6 2006 20:09

Three former NatWest investment bankers facing Enron-related charges could stand trial in September next year, following a preliminary hearing on Wednesday.

The trial could be brought forward to as early as February, but advisers acting for the three bankers – David Bermingham, Giles Darby and Gary Mulgrew – said that was unrealistic because evidence had to be obtained from their former UK-based employer, the Royal Bank of Scotland, and from witnesses who were also in the UK. A ruling is likely in the coming weeks.

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