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Keyword: faragefiasco

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  • NatWest CEO resigns after 'serious error' in Farage fiasco

    07/26/2023 3:49:28 PM PDT · by george76 · 13 replies
    Reuters ^ | July 26, 2023 | Iain Withers and Sinead Cruise
    LONDON, NatWest CEO Alison Rose stepped down with immediate effect on Wednesday after she admitted to a "serious error of judgment" in discussing former Brexit party leader Nigel Farage's relationship with the bank with a BBC journalist. ... NatWest has faced intense political and media scrutiny over a decision by its private bank Coutts to close Farage's accounts. An internal review .. showed Coutts' wealth reputational risk committee had said his values did not align with the bank's own. ... Some major NatWest investors are also applying pressure on the bank's chair Howard Davies to step down for mishandling the...