Trust in banking undermined by Nigel Farage row says minister as he fails to back Coutts boss

  • 📰 i newspaper
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 89%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

“I hope the whole financial sector learns from this incident. Its role is to serve customers well and fairly – not to tell them how or what to think” NatWest’s treatment of Farage has undermined trust in banking, the City minister warned bank chiefs

after admitting she leaked inaccurate information about Mr Farage’s finances to the BBC.

Coutts requires its customers to borrow or invest at least £1m or save at least £3m, according to an eligibility questionnaire on its website. She denied revealing any “personal financial information”, but instead claimed that she inadvertently left the BBC’s business editor with the impression that Mr Farage did not meet Coutts’s wealth threshold.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines