Coutts: Prime London property prices to rebound as inflation subsides property A cocktail of macroeconomic factors meant there was a 3.9 per cent drop in prime London prices in the last quarter.
Natwest says no evidence of discrimination in Coutts bank account closures Banking Natwest, which owns Coutts, said lawyers at Travers Smith analysed 84 account closures in the two years to July 28, about a 10 per cent sample of all the relevant cases in that time.
Coutts appoints Kleinwort’s Fahad Kamal as CIO in latest staff change Banking Former Kleinwort Hambros chief investment officer Fahad Kamal has been appointed CIO at the private bank owned by Britain's Natwest, according to a post on LinkedIn on Monday.
Coutts’ Farage decision is a blunder but it’s none of Sunak’s business July 20, 2023 Coutts should have the ability to decide who it grants its services to. But essential to financial services are really boring things like certainty, predictability and trust.
Coutts under pressure for pulling £2bn out of London stock market May 2, 2024 Royal bank Coutts is facing criticism from City figures over plans to pull roughly £2bn of clients' funds out of London's stock market.
Coutts boss Peter Flavel resigns over Farage account closure July 27, 2023 The boss of private bank Coutts has resigned for his part in the closure of Nigel Farage’s bank account. Peter Flavel’s resignation follows the departure of Natwest boss Dame Alison Rose in the early hours of Wednesday morning and comes as pressure grows on other members of the Natwest board to step down over the [...]
Natwest boss apologises to Nigel Farage over Coutts account closures July 20, 2023 Dame Alison Rose, chief executive of Natwest, has apologised to former UKIP leader Nigel Farage for “deeply inappropriate comments” made about him in official papers and has ordered a review of Coutts processes after the bank closed his accounts. “I believe very strongly that freedom of expression and access to banking are fundamental to our [...]
Farage: Government right to consider Natwest licence over Coutts brouhaha July 20, 2023 Nigel Farage has praised the Government following reports ministers are considering making new laws to stop banks closing customers’ accounts because they disagree with their political views. The former Ukip leader said MPs are “beginning to realise that this system is coming for them as well” after his bank accounts were closed by Coutts because his views [...]
Natwest chair Howard Davies WILL stay on after Nigel Farage Coutts scandal July 28, 2023 Natwest chair Howard Davies said he would stay on as boss of the bank’s board while the lender tries to recover from the scandal involving Nigel Farage’s Coutts bank account. Speaking to reporters after the bank published its results, Davies said “my intention is to continue to lead the board and ensure that the bank [...]
Let’s be honest, banks like Coutts should be able to choose their customers July 27, 2023 Natwest’s handling of the Farage affair has been an unmitigated public relations disaster. They have turned a much-disliked public figure into a sympathetic victim of procedural mistreatment.