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Nigel Farage Coutts bank scandal occurred in June 2023 when the private bank Coutts closed the account held by the British broadcaster and former politician Nigel Farage. NatWest, the owner of Coutts, initially claimed that he failed to meet the Coutts eligibility criteria of holding £1,000,000 or more in his account, following the expiry of ...
The Travers Smith report is the first stage of the probe which was commissioned by the NatWest board in July. Commenting on the Travers Smith report this morning, Dame Alison said it “confirms ...
NatWest has admitted “serious failings” in its treatment of Nigel Farage, a divisive former politician and TV host whose account was closed this summer at Coutts, one of the bank’s subsidiaries.
The boss of NatWest has admitted that she was the source for a controversial BBC story about Nigel Farage’s bank account – but she will keep her job at the top of the organisation.. Dame ...
Rose repeated the bank's offer to Farage of a NatWest bank account and announced that she was commissioning a review into Coutts's processes regarding bank account closures. [33] [34] [35] The BBC's financial journalist, Simon Jack , had originally reported, on 4 July 2023, that the closure was for failing to meet the required minimum savings ...
National Westminster Bancorp, Inc. National Westminster Bank USA, commonly known as NatWest USA, was a wholly owned subsidiary of National Westminster Bank in the United Kingdom from 1983 to 1996. Formed as the National Bank of North America in 1905, the U.S. retail banking operation was sold to Fleet Financial Group in 1996.
The BBC ran a story, based on an anonymous source at the bank, saying the account was closed because Farage did not meet Coutts' 1 million pound ($1.3 million) borrowing requirement.
Alison Rose (banker) Dame Alison Marie Rose-Slade DBE ( née Rose; born November 1969 [2]) is a British banker, who was chief executive (CEO) of NatWest Group from November 2019 to July 2023. She became the first woman to lead a major UK lender after leading government investigations into the poor representation of women in business.