Showing posts with label NatWest. Show all posts
Showing posts with label NatWest. Show all posts

Monday, October 23, 2023

NatWest Staff Gloated They Had ‘Driven Nigel Farage Out of the Country’ after Debanking

THE TELEGRAPH: Former Ukip leader hits out after messages disclosed to him reveal abuse by workers who called him a 'crackpot' and an 'awful human being'

Niegal Farage has called for NatWest to reconsider the £11.3 million payout it is giving to Dame Alison Rose, the former chief executive | CREDIT: Getty

NatWest staff gloated about the closure of Nigel Farage’s bank accounts and suggested they had “single-handedly driven him out of the country”, The Telegraph can reveal.

Workers reacted to news that the former Ukip leader had been debanked by NatWest subsidiary Coutts by saying: “Hope that knocked him down a peg or 2.”

Internal messages handed over to Mr Farage by NatWest also show that staff suggested he had “dodgy Russian connections”, and was involved in fraud. Another described him as “sketchy”

Staff also referred to him as a “crackpot” and an “awful human being”, while one said: “The money I’d have paid to have been the agent ringing him to tell him [that he had been debanked].” » | Gordon Rayner, Associate Editor | Monday, October 23, 2023

Thursday, July 27, 2023

Coutts Chief Quits and Crisis Wipes £1bn Off NatWest Shares

THE GUARDIAN: Ousting of boss of private bank may not be last departure as prime minister fails to back chairman Howard Davies

The head of private bank Coutts has been ousted over the closure of Nigel Farage’s bank accounts in a desperate attempt by NatWest to contain a crisis that has wiped £1bn off its share price.

Peter Flavel’s resignation from Coutts was pushed through by the NatWest interim chief executive, Paul Thwaite, but despite the move, the future of its chairman, Sir Howard Davies, appeared far from secure.

The prime minister pointedly failed to back Davies, despite concern over the government’s role in the shock departure of the chief executive, Alison Rose, which was announced in the middle of the night earlier this week. While the City minister, Andrew Griffith, said in an interview with Sky News on Wednesday that it was not necessary for Davies to quit earlier than planned, Rishi Sunak refused on Thursday to give the chairman his backing. » | Kalyeena Makortoff and Anna Isaac | Thursday, July 27, 2023

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Wednesday, July 26, 2023

NatWest Boss Alison Rose Resigns over Nigel Farage Coutts Account Row

THE GUARDIAN: Former Ukip leader obtained report suggesting media coverage of his political views was considered in Coutts closure decision,br />
NatWest chief Alison Rose has stood down from the bank. Last week she apologised for ‘deeply inappropriate comments’ about Nigel Farage in an internal report. Photograph: Carl Court/Getty Images

Dame Alison Rose, the chief executive of NatWest Group, has stood down after a row over the closure of Nigel Farage’s bank account with the private bank Coutts, which NatWest owns.

Rose has resigned from the banking group after the former UK Independence party leader complained to the BBC about a report that claimed his accounts with Coutts were closed for commercial reasons. The broadcaster has since apologised and amended its story.

Farage said Rose’s exit was “a start” but called for the whole Natwest board to go. He told GB News that the resignation “had to happen”, adding: “The first rule of banking is you have to respect the privacy of the customer.”

The Ukip leader told BBC Radio 4’s Today programme the entire board ought to quit because it had approved a statement from Rose earlier on Tuesday in which she said she had not revealed “any personal financial information”. » | Anna Isaac and Kalyeena Makortoff | Wednesday, July 26, 2023

Who is Alison Rose, the NatWest CEO forced to quit over Nigel Farage row?: The rise and fall of the group’s first female boss, who took up the role in 2019 »

NatWest boss quits after Nigel Farage leak admission: Chairman calls Dame Alison Rose's resignation a 'sad moment' as board confirms Paul Thwaite will take over temporarily pending approval »