Coutts boss quits over Nigel Farage banking row in new crisis for NatWest

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Breaking: The chief executive of the private bank that closed Nigel Farage’s bank account has quit

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.

 

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