Coutts chief executive Peter Flavel has resigned, less than 48 hours after his boss Alison Rose also quit for briefing false information – and breaching client confidentiality – to the BBC about Nigel Farage’s finances. He announced the inevitable this afternoon:
“In the handling of Mr Farage’s case we have fallen below the bank’s high standards of personal service. As CEO of Coutts it is right that I bear ultimate responsibility for this, which is why I am stepping down.”
Another scalp for Nigel…
UPDATE: Nigel responds…
It was only a matter of time before Peter Flavel, Coutts CEO, stood down.
— Nigel Farage (@Nigel_Farage) July 27, 2023
The ultimate responsibility for the dossier de-banking me for my political views lies with him.
I even wrote to Mr Flavel twice before going public and didn’t receive an acknowledgment.
NatWest Group chairman Howard Davies is still clinging to his job. For now…
