Nigel Farage shared his reaction to the news that ex-NatWest boss Alison Rose is set to receive a £2.4 million payout after she was forced to quit over leak to BBC about his Coutts bank account. He branded it a 'sick joke' in a Twitter video.
An independent review today ruled it was mainly a commercial decisionNigel Farage lashed out today after a 'whitewash' report ruled that NatWest did not break the law when it shut down his account with establishment bank Coutts.
It led to the resignation of NatWest chief executive Dame Alison Rose after she admitted breaching privacy rules by briefing a BBC reporter about his account. An independent review of the actions by NatWest Group ruled that while there were 'serious failings' in the way he was 'debanked', it was mainly a commercial decision
Travers Smith found failures in how the bank treated confidential information, but insisted the decision to shut down Mr Farage's account did not break the law. 'Although Travers Smith confirm the lawful basis for the exit decision, the findings set out clear shortcomings in how it was reached as well as failures in how we communicated with him and in relation to client confidentiality.'His experience fell short of the standards that any customer should expect.'The City regulator, the Financial Conduct Authority, said the report 'has highlighted potential regulatory breaches and a number of areas for improvement'.
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Nigel Farage slams 'whitewash' report that finds 'serious failings' in the way NatWest shut down his...Nigel Farage shared his reaction to the news that ex-NatWest boss Alison Rose is set to receive a £2.4 million payout after she was forced to quit over leak to BBC about his Coutts bank account. He branded it a 'sick joke' in a Twitter video.
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NatWest showed ‘serious failings’ in Nigel Farage account closure, probe findsThe decision to shut down Mr Farage’s bank account was lawful, and predominately commercial, an independent review found.
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NatWest showed ‘serious failings’ in Nigel Farage account closure, probe findsThe decision to shut down Mr Farage’s bank account was lawful, and predominately commercial, an independent review found.
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Ex-NatWest boss DID breach Nigel Farage's privacy by discussing former Brexit Party leader's...The Information Commissioner's Office (ICO) said the disclosure had been 'unacceptable', but that it had decided no further regulatory action after Dame Alison Rose resigned over the matter.
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Ex-NatWest boss DID breach Nigel Farage's privacy by discussing former Brexit Party leader's...The Information Commissioner's Office (ICO) said the disclosure had been 'unacceptable', but that it had decided no further regulatory action after Dame Alison Rose resigned over the matter.
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Ex-NatWest boss Alison Rose set for £2.4m payout after resigning over Farage rowNatWest has said former boss Dame Alison Rose is set to receive a £2.4 million pay package, a month after she resigned in disgrace from the banking giant.
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