Wants the whole board to go. Who the f does he think he is. 
He’s been given far too much attention.
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It’s quite clear. This was all fair and above board.
Then it was said he was offered a NatWest account which was the point where it all fell apart.
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He’s an imbecile. While I understand he is absolutely revelling in briefly becoming relevant again, losing the entire board of one of the countries biggest banks would be a huge risk. Not to mention 40% of that bank is owned by the British state.
It’s almost like he is someone who is happy to endanger the entire economy for his own personal showmanship.
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Brexit kinda showed that he doesn’t really care about the impact his desires have on anyone else. The only person that matters to him is himself.
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(sort of the joke I was making 
)
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I’d have a lot more respect for people on here if they didn’t base their moral judgments on whether they like the person or not. The mental gymnastics being performed because it’s Nigel Farage really are something to behold.
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For me personally it’s someone acting like having an account with Coutts is a god given right. I think there needs to be a clear delineation between “person is booted from high street bank” vs “someone is booted from exclusive bank that may have additional criteria over and above regular address checks”.
So regardless of the person in the middle of it I legitimately don’t care about someone losing their Coutts account. They could have a criteria that states your name must end in a vowel to hold an account for all I care.
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It did intrigue me that part of their assessment mentioned something like Farage having an account endangering their ‘reputation of inclusiveness’.
They know they work at Coutts right?
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Completely agree with Bloomberg, yep I know it’s behind a massive paywall, but I agree
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I think this shows the opposite of what you’re trying to prove. To me, it’s clear that they no longer wanted Farage as a customer because they didn’t like his views, but they knew it would be difficult to get rid of him, so someone suggested they use the fact that his mortgage was ending as an excuse.
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This whole story seems to be dragging on far longer than it should.
NF started it off knowing that Coutts couldn’t respond (well, ok, they did, but they shouldn’t) and he could get away by saying anything he liked. Sunak and Sue Ellen then gave their opinion having no facts, (amazing how they can give an opinion on anything except their own party) and suddenly it’s a media frenzy. Meanwhile. Sunak increases secret donations from donors, Johnson and Truss get over £18k each in severance pay, and much more, and it doesn’t get covered at all. Like the Huw Edwards story, this is all being used as a distraction so you hopefully don’t see what else is going on.
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The more the papers cover this Faragego, the less coverage they have to spend revealing the awful truth that the UK has now gone full fash and is breaking international law by not allowing refugees to claim asylum.
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Agree. I think this is where I’m at with all this.
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I hope this whole debacle makes Monzo rethink their policy on frivolous account closures. All fun and games until you do it to someone that can fight back.
I think there will be a few more resignations, the amount of money that has been wiped off NatWest share price and value is pretty extraordinary too. Some £850m I believe.
Given the need to have a bank, maybe there needs to be a public government bank, no frills but gives basic banking needs.
Regarding Nigel, he’s had his moment and the fire will die down, also Government minsters are not supporting his position regarding the board resigning. I suspect it will be shareholders that cause the rest.
I don’t think there will be any more resignations. The banking sector appears to be very unhappy with how politicians have leaned on them over this, so strongly suspect they’re unlikely to cede any more ground.
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I think it’s a shame that Rose has gone, (she had too but) as what was happening at NatWest in its pivot, to being the most digital high street bank, was super impressive and driven by Rose
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That just shows how out of touch the banking sector is, and how much it needs a kick up the backside. Have they forgotten that the state is NatWest’s biggest shareholder? Obviously the government was going to get involved!
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They can get involved with Nigel Farage’s banking affairs, but can’t deal with poverty, teacher shortages, the NHS, or asylum seekers. Seems about right for the Tories.
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