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The Guardian - UK
The Guardian - UK
Business
Kevin Rawlinson

NatWest chair quitting over Coutts row would not be ‘helpful’, says City minister

A man walks past NatWest
The banking group has been under intense pressure in recent days over the closure of Nigel Farage’s Coutts account. Photograph: Tolga Akmen/EPA

The City minister has said it would not be “helpful” for the NatWest chairman to quit as a result of the furore over Nigel Farage’s Coutts bank account.

Andrew Griffith said Sir Howard Davies’ resignation would do nothing to alleviate the situation, with NatWest having already lost its chief executive, Dame Alison Rose, and Peter Flavel, the head of Coutts, its private banking arm.

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