Monzo never allow political parties to bank with them, they made a blunder, now fixed.
There’s no suggestion by Gina Miller that she was cancelled for her views.
Her point is that small/new political parties should be able to find a bank. This would apply to right wing parties too. My guess...
NatWest group come out of this stinking. Ticking reputational boxes, whilst at the same time ripping off vast numbers of savers and mortgage holders with an immoral even greater margin on rates this year.
Style over substance.
NatWest/Coutts as a whole?
- accept £100m’s in cash from criminal gangs.
- a raisin d’etre for wealthy clients resident in the UK of offshore tax planning.
- a question, are swathes of Coutts clients stinking rich and tax averse, but they wisely stay under the reputational risk radar?
The Coutts dossier touched on the criteria, they almost certainly retain customers who dip below and they stated Farage was still profitable to them. It stemmed on their wiki etc searches about him, the committee mentioned the reputable risk.
He went to an independent school and his childhood garden included a full size tennis court. Quite rightly you were cancelled.
I’m going to post on Facebook that I like Charlotte Church and Stormzy, to open financial doors.
There's no suggestion of illicit or illegal funds credited to the bank account. A Labour MP fibbed/got mixed up in the Commons, he hasn't had the bottle to repeat it outside.
Regarding PEP, Farage had already been downgraded to Coutts lowest category, the same as any other UK politician after...
The tangible fact was tiny fees paid by RT to Farage, openly disclosed by Farage. RT engaged many westerners. Abhorrent to me, but not illegal.
Chris Bryant MP made unsubstantiated allegations in the Commons that Farage banked £548,000 in 2018 alone from RT. Bottling repeating that outside...
I’m actually enthused by this incident.
Not focusing on the nsc micro bubble, many Remainers including on LBC/R5 phone ins, even Starmer and the Guardian, have said NatWest were wrong. To some extent with the arbitrary policing of views and their hypocrisy, but more emphatically on the CEO’s...
Interesting piece here in the Guardian of all places, they do retain clients with less than £3m in savings who’ve paid off their mortgage. He remained a profitable customer and was the lowest category of PEP. It boiled down to the subjective judgement of a committee on his views...
That’s my thinking too, this has been an unexpected gift to him, he now has cast iron evidence in the bank dossier that his views were assessed by part of the ‘establishment’. Reinvigorating his profile for years to come.
Gossiping to a reporter about confidential client matters, made her position untenable. Unbelievable from a bank CEO.
But well done to her now for doing the honourable thing.
Chairman Howard Davies giving her full backing was ill advised, shirley a fundamental banking principle is...