Neil Coulbeck
Encyclopedia
Neil Coulbeck was a banker with the Royal Bank of Scotland
(RBS).
Coulbeck was Head of Financial Markets for North America with RBS until June 2001, when he returned to London as Head of Group Treasury. He had been questioned by the FBI
in relation to the collapse of Enron
, which involved the RBS subsidiary, NatWest. He is reported to have been the executive who authorised the transfer of assets belonging to Greenwich NatWest, then a unit of NatWest bank, to a small company controlled by Andrew Fastow
, CFO of Enron
, as part of the alleged scam involving the NatWest Three
, although there was no suggestion that he had profited personally from this transaction.
Coulbeck was found dead in a park in Chingford
, London
on July 11, 2006, having been reported missing by his family the previous week.
Police, who released a photo of Coulbeck, said initially that they were treating his death as "unexplained". However, Susan Coulbeck (widow
) stated that her husband had committed suicide
because of the stress of being involved with the NatWest Three
case.. The subsequent inquest heard evidence from Coulbeck's widow, and the eventual verdict was that he committed suicide by slitting his wrists.
Coulbeck was the author of the book The Multinational Banking Industry (ISBN 0814713963), published in 1984.
Royal Bank of Scotland
The Royal Bank of Scotland Group is a British banking and insurance holding company in which the UK Government holds an 84% stake. This stake is held and managed through UK Financial Investments Limited, whose voting rights are limited to 75% in order for the bank to retain its listing on the...
(RBS).
Coulbeck was Head of Financial Markets for North America with RBS until June 2001, when he returned to London as Head of Group Treasury. He had been questioned by the FBI
Federal Bureau of Investigation
The Federal Bureau of Investigation is an agency of the United States Department of Justice that serves as both a federal criminal investigative body and an internal intelligence agency . The FBI has investigative jurisdiction over violations of more than 200 categories of federal crime...
in relation to the collapse of Enron
Enron
Enron Corporation was an American energy, commodities, and services company based in Houston, Texas. Before its bankruptcy on December 2, 2001, Enron employed approximately 22,000 staff and was one of the world's leading electricity, natural gas, communications, and pulp and paper companies, with...
, which involved the RBS subsidiary, NatWest. He is reported to have been the executive who authorised the transfer of assets belonging to Greenwich NatWest, then a unit of NatWest bank, to a small company controlled by Andrew Fastow
Andrew Fastow
Andrew Stuart Fastow was the chief financial officer of Enron Corporation that was based in Houston, Texas until the U.S. Securities and Exchange Commission opened an investigation into his and the company's conduct in 2001...
, CFO of Enron
Enron
Enron Corporation was an American energy, commodities, and services company based in Houston, Texas. Before its bankruptcy on December 2, 2001, Enron employed approximately 22,000 staff and was one of the world's leading electricity, natural gas, communications, and pulp and paper companies, with...
, as part of the alleged scam involving the NatWest Three
NatWest Three
The NatWest Three, also known as the Enron Three, are three British businessmen - Giles Darby, David Bermingham and Gary Mulgrew. In 2002 they were indicted in Houston, Texas on seven counts of wire fraud against their former employer Greenwich NatWest, at the time a division of National...
, although there was no suggestion that he had profited personally from this transaction.
Coulbeck was found dead in a park in Chingford
Chingford
Chingford is a district of north east London, bordering on Enfield and Edmonton to the west, Woodford to the east, Walthamstow and Stratford to the south and Essex to the north. It is situated northeast of Charing Cross and forms part of the London Borough of Waltham Forest...
, London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...
on July 11, 2006, having been reported missing by his family the previous week.
Police, who released a photo of Coulbeck, said initially that they were treating his death as "unexplained". However, Susan Coulbeck (widow
Widow
A widow is a woman whose spouse has died, while a widower is a man whose spouse has died. The state of having lost one's spouse to death is termed widowhood or occasionally viduity. The adjective form is widowed...
) stated that her husband had committed suicide
Suicide
Suicide is the act of intentionally causing one's own death. Suicide is often committed out of despair or attributed to some underlying mental disorder, such as depression, bipolar disorder, schizophrenia, alcoholism, or drug abuse...
because of the stress of being involved with the NatWest Three
NatWest Three
The NatWest Three, also known as the Enron Three, are three British businessmen - Giles Darby, David Bermingham and Gary Mulgrew. In 2002 they were indicted in Houston, Texas on seven counts of wire fraud against their former employer Greenwich NatWest, at the time a division of National...
case.. The subsequent inquest heard evidence from Coulbeck's widow, and the eventual verdict was that he committed suicide by slitting his wrists.
Coulbeck was the author of the book The Multinational Banking Industry (ISBN 0814713963), published in 1984.