Tagged: coutts

FCA Reports Initial Findings on Account Closures Due to Political Leanings: Little Evidence So Far

The UK Financial Conduct Authority (FCA) has released its initial report on potential discrimination at UK banks. The report follows the saga of Nigel Farage, a vocal political personality and former UKIP leader, who had his account shuttered at Coutts after management decided his values… Read More

NatWest, Coutts Account Cancellation Captures Attention of Financial Conduct Authority (FCA)

The UK Financial Conduct Authority (FCA) has issued a statement on the recent bust-up over Coutts canceling a high-profile account due to its internal “values.”  Coutts, which is owned by NatWest, shut down the account of former UKIP leader and noted Brexit supporter Nigel Farage… Read More

UK: Nigel Farage Receives Apology From Coutts After they Cancelled His Account Due to His “Values”

Nigel Farage, a political leader in the UK who was a staunch supporter of Brexit, recently had his account canceled by Coutts, part of Natwest – ostensibly because his balance went below their minimum threshold. Following the loss of his account, Farage lambasted the bank… Read More

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