Alison Rose Nat West

Casdon

I do think she made a very serious error in breaching client confidentiality and it was right for her to resign.

My opinion of Farage’s malign influence on the UK is unchanged, but I recognise that even the arch bellend can get one thing right.

You just can’t help yourself can you? There is absolutely no need for your second paragraph and it just shows you in a very poor light.

Lathyrus

What other mistakes?

Heading an organisation, and presumably approving, the drawing up of dossiers on a number of clients, examining their political views and personal values. And then approving the “debanking” of those clients whose views were not in agree with herself and members of the board.

Mistake? I wouldn’t call it that.

That wasn't a mistake from the bank's point of view. Farage's account was no longer commercially viable once his mortgage was paid off and he didn't meet the eligibility criteria for being a Coutts customer.

Are you suggesting that all the CEOs of the banks who have allegedly refused Farage an account should be sacked too?

She didn’t just give out confidential information but acknowledges that it was inaccurate, and told this to a BBC reporter.

Sago

It’s good she has gone, the rest of the board that supported her should now go.

So you'd sack all the boards of the banks which have allegedly refused Farage an account, would you?

Tizliz

She didn’t just give out confidential information but acknowledges that it was inaccurate, and told this to a BBC reporter.

It wasn't inaccurate (and that's not what she acknowledged), but it wasn't the whole picture. Farage didn't give the whole picture either.

This is becoming Trumpian. Repeat something often enough and people will accept it as truth.

Nigel Farage is launching a website tomorrow inviting everyone who has been denied a bank account to tell their story.
When this is done all the cases/facts will be presented to parliament.
He is also offering advice as to who you go to/ what written evidence is your right to see.

A major mistake that even a clerk on a bank desk would not be expected to make. Confidentiality is confidentiality. No concessions should be made because she was a woman, it just adds to the conception we are air brains. People who backed her like Racheal Reeves have put themselves into question about their keeping confidentialities as well.

Primrose53

Casdon

I do think she made a very serious error in breaching client confidentiality and it was right for her to resign.

My opinion of Farage’s malign influence on the UK is unchanged, but I recognise that even the arch bellend can get one thing right.

You just can’t help yourself can you? There is absolutely no need for your second paragraph and it just shows you in a very poor light.

My opinion is as valid as yours Primrose53, and you are in no position to censor what I, or anybody else says.

She broke a cardinal rule of banking. You don't gossip about customers. Full stop. She should have resigned at once. It doesn't matter who the client is.

growstuff

Lathyrus

What other mistakes?

Heading an organisation, and presumably approving, the drawing up of dossiers on a number of clients, examining their political views and personal values. And then approving the “debanking” of those clients whose views were not in agree with herself and members of the board.

Mistake? I wouldn’t call it that.

That wasn't a mistake from the bank's point of view. Farage's account was no longer commercially viable once his mortgage was paid off and he didn't meet the eligibility criteria for being a Coutts customer.

Are you suggesting that all the CEOs of the banks who have allegedly refused Farage an account should be sacked too?

My concern isn’t particularly with Farage but with the compilation of dossiers on a an undisclosed, but it appears, large number of clients. Based not on their financial status but on their political and social viewpoints.

Again I’m not concerned what that viewpoint might be.

The underlying ethos that this is acceptable or even desirable in a banking institution has to be challenged at the highest level. Or the next step is a similar ethos at the highest level.

And that should alarm anyone with a knowledge of 20th Century history.

So, to answer your question. Yes. I do think the CEOs and Boards of any bank that has refused or closed a personal account on the grounds of political views should be dismissed.

Farage is an extremely unpleasant person. She shouldn’t have been fired from a job she wholly deserved

Absolutely nothing to do with her gender identity.

Good grief, some of these posts are unbelievable. How anyone can try to justify what has happened to many people in the UK re the closing of, or refusing of bank accounts is totally beyond me. The banks have been behaving unethically for years. Have you all forgotten that banks including Coutts had to be bailed out by the tax payer but a few years ago?
It’s really not about Farage, although it’s difficult to avoid seeing the glee some people clearly feel about what has happened to him. It’s about the banks! And their behaviour and their decisions to police our political views. Farage has simply brought to light the social engineering the banks are trying to effect in the UK.

CrochetBliss

Farage is an extremely unpleasant person. She shouldn’t have been fired from a job she wholly deserved

Absolutely nothing to do with her gender identity.

She wasn’t fired. She resigned.
Quite rightly!

CrochetBliss

Farage is an extremely unpleasant person. She shouldn’t have been fired from a job she wholly deserved

Absolutely nothing to do with her gender identity.

How would you feel if your finances were published in the media? It has nothing to do with Farage, it is the principle.

If being considered unpleasant is a reason for debanking, then nobody would have a bank account.

Everybody has someone that doesn’t like them and thinks they are unpleasant 😳

I don’t think Coutts have the moral high ground here. An article in the Guardian points out it offered its services to a Brunei Royal later accused of embezzlement. Prince Andrew banks with them so does Piers Morgan.

They employed Harry Keogh later alleged to have harassed female colleagues.

They were fined 6.5 million Swiss francs for money laundering and 8.75 million for handling proceeds of crime. So obviously not that fussy are they

growstuff

Sago

It’s good she has gone, the rest of the board that supported her should now go.

So you'd sack all the boards of the banks which have allegedly refused Farage an account, would you?

Growstuff Farage was discriminated against because of his politics, he did have sufficient funds to merit a Coutts account.

Rose breached confidentiality and her board who supported her obviously felt that was OK.

Interesting that Coutts who are bankers to the Royal Family didn’t publicly shame Prince Andrew and close his account.

CrochetBliss

Farage is an extremely unpleasant person. She shouldn’t have been fired from a job she wholly deserved

Absolutely nothing to do with her gender identity.

Don’t you understand the importance of client confidentiality, however obnoxious the client, and that she breached that confidentiality? By speaking to a journalist of all people. Someone who makes such a grave error of judgement most certainly does not deserve to remain in post, male or female.

My not so inner cynic was wondering what sort of fat pay-off she’d get, and sure enough, the front page of today’s Times says she ‘could get millions’. 🤬

Witzend

My not so inner cynic was wondering what sort of fat pay-off she’d get, and sure enough, the front page of today’s Times says she ‘could get millions’. 🤬

🤬 indeed, bearing in mind this bank is partly owned by the taxpayer.

How did she get the job in the first place?
Just which part of confidentiality did she not understand?

Yesterday, after £850 million was wiped off NatWest’s market value, Mr Farage said: “I don’t know whether Rachel Reeves has ever heard of something called the stock market. Maybe not. But have a look at the share price and ask yourself how good a job Alison has done. Typical of some people to politicise a non-partisan issue. What a disappointment.”

And on thinking about any severance ££millions she may be in line for, I personal hope whatever the final sum that 39% of it is deducted from the total. That is the percentage share we the taxpayers are invested in N W.

Bonus payout?
Not in my name lady.

And technically you ‘resigned’ to earn it. Beggars belief how you got away with that sleight of hand. If an ordinary bank teller in Manchester had released such details to the Urmston & Stretford Messenger newspaper they would have been SACKED.

CrochetBliss

Farage is an extremely unpleasant person. She shouldn’t have been fired from a job she wholly deserved

Absolutely nothing to do with her gender identity.

I’m assuming, then, that you view everyone else who has been denied a bank account ^ an extremely unpleasant person^
Give that some thought.

Nat West and Coutts handled this very badly and gave the odious man a platform from which to exercise his political megaphone when he was drifting into obscurity. Rose should not have discussed a client with a journalist or anyone else outside the bank so she had to go. Attacking Remainers is the undertow of all this.

“There are parallels between the greedy adventurism that led to the downfall of RBS and Fred Goodwin, and the political mission-creep that has tarnished NatWest and left Alison Rose out of a job. Once again, the captains of our financial system seem unsatisfied by their day jobs and ready to take massive risks for a more exciting life.

If NatWest is to recover quickly from this damaging episode it needs to abandon the moral crusade and rediscover – yet again – the old-fashioned and boring business of being a bank.”

Source: Ben Marlow in today’s Telegraph.

* I think ‘remainers’ don’t like it BTW when those who voted for Brexit bite back Grantanow.
Farage didn’t start this.
He responded!

Grantanow

Nat West and Coutts handled this very badly and gave the odious man a platform from which to exercise his political megaphone when he was drifting into obscurity. Rose should not have discussed a client with a journalist or anyone else outside the bank so she had to go. Attacking Remainers is the undertow of all this.

I agree, we don't have to have voted to leave the EU or to particularly like Farage to know that this is wrong.

She broke a cardinal rule of banking. You don't gossip about customers. Full stop
That's the nub of it Aveline.