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Showing posts with the label coutts bank

Coutts CEO Peter Flavel Steps Down Following Farage Banking Row

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Summary: Coutts CEO Peter Flavel steps down following the decision to let Nigel Farage go as a customer. Flavel's leadership transformed Coutts , making it one of the most profitable parts of NatWest . The bank faced public scrutiny after leaked documents revealed the real reason behind Farage's departure. Flavel's departure marks the end of a distinguished career at Coutts . Mohammed Kamad will serve as the interim CEO following Flavel's resignation. Co...

Nigel Farage’s Bank Account Row Could Stop Politicians Expressing Opinions | Lord Hague

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Summary: UK banks to face strict rules on closing accounts to protect freedom of expression. Nigel Farage's account with Coots closed due to disagreements over political views. Nigel Farage calls for NatWest's CEO to be questioned by the Treasury Select Committee. Experts emphasize the importance of an inclusive banking system. UK banks will face strict rules on closing customers' accounts to protect freedom of expression, following the recent closure of Nigel Fara...

Farage vs NatWest: 'Banks don't have the right to judge customers' opinions!' argues David Mellor

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Farage vs NatWest: 'Banks don't have the right to judge customers' opinions!' argues David Mellor Summary: Former cabinet minister David Mellor criticizes NatWest's actions and emphasizes banks' role in providing financial services, not judging customers' opinions. The controversy escalated when NatWest allegedly lied about the reasons for closing Nigel Farage's account, igniting public demands for accountability. Calls for Dame Alison Rose's questioning by MPs gain momentum as the public seeks transparency and consequences for the bank's actions. The scandal highlights the broader issue of banks' involv...