Coutts’ chief executive Peter Flavel will step down with immediate effect, NatWest Group, which owns Coutts, confirmed in a statement.was forced to resign from her job over the scandal.
However, Mr Farage obtained a dossier compiled by Coutts that appeared to show his bank account had been closed due to his political views. In a statement confirming Mr Flavel’s departure, Mr Thwaite said: “I have agreed with Peter Flavel that he will step down as Coutts CEO and CEO of our wealth businesses by mutual consent with immediate effect.
Mr Flavel said in a statement: “I am exceptionally proud of my seven years at Coutts and I want to thank the team that have built it into such a high performing business.