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An independent review into the closure of Nigel Farage's Coutts account and the discussion of his banking with a journalist by the head of the bank has found a number of shortcomings in the closure process.
NatWest shared a noticed on its app informing account holders that a major update would be taking place on Sunday, October 29
By Elena Vardon NatWest Group shares tumbled after the bank cut its full-year net interest margin guidance and admitted serious failings in its treatment of Brexit campaigner Nigel Farage...
An independent probe on Friday found “serious failings” in how NatWest Group's private and exclusive Coutts Bank shut down the account of the right-wing British politician Nigel Farage. Law firm Travers Smith was appointed to conduct a review in the wake of Farage's so-called “debanking” at Coutts Bank, which has a long-established reputation of being the private bankers to members of Britain’s royal family and nobility. Farage, who was one of the most prominent politicians behind Britain's departure from the European Union, claimed in July t...
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Bank promises ‘substantive changes’ to procedures after law firm releases critical report into ‘debanking’ scandal