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Nigel Farage Coutts bank scandal occurred in June 2023 when the private bank Coutts closed the account held by the future Leader of Reform UK, Nigel Farage. NatWest, the owner of Coutts, initially claimed that he failed to meet the Coutts eligibility criteria of holding £1,000,000 or more in his account, following the expiry of his mortgage.
National Westminster Bank Plc, [ 1] trading as NatWest, [ 2] is a major retail and commercial bank in the United Kingdom based in London, England. It was established in 1968 by the merger of National Provincial Bank and Westminster Bank. In 2000, it became part of The Royal Bank of Scotland Group, which was re-named NatWest Group in 2020.
From January 2003, the company relaunched as 'The One account' when The Royal Bank of Scotland took a majority shareholding, becoming an RBS mortgage brand along with NatWest and First Active. The One account is operated directly by phone, internet and post, with the customer service originally being provided on a 24/365 basis, but has since ...
Mr Farage said Dame Alison had “dragged its name through the mud” and introduced a “woke agenda” at the bank, as well as breaking data protection laws by discussing his account with the BBC.
The boss of NatWest has admitted that she was the source for a controversial BBC story about Nigel Farage’s bank account – but she will keep her job at the top of the organisation.. Dame ...
The BBC ran a story, based on an anonymous source at the bank, saying the account was closed because Farage did not meet Coutts' 1 million pound ($1.3 million) borrowing requirement.
National Westminster Bancorp, Inc. National Westminster Bank USA, commonly known as NatWest USA, was a wholly owned subsidiary of National Westminster Bank in the United Kingdom from 1983 to 1996. Formed as the National Bank of North America in 1905, the U.S. retail banking operation was sold to Fleet Financial Group in 1996.
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