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The Independent UK
The Independent UK
National
Danica Kirka

CEO of royal banker Coutts resigns amid furor over closure of politician Nigel Farage's account

Copyright 2023 The Associated Press. All rights reserved.

The chief executive of Coutts Bank, long known as the bankers for Britain’s royal family and nobility, has stepped down amid the furor surrounding populist politician Nigel Farage’s complaints that his account was closed because of his political views.

CEO Peter Flavel’s resignation came just a day after Coutts owner NatWest Group parted ways with its CEO, Alison Rose, the first woman to head one of Britain’s four big banks. Rose left after acknowledging that she had discussed Farage’s personal details with a journalist.

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