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Post by Nobbygas on Jul 25, 2023 18:00:42 GMT
Yep, with the Compliance rules in place nowadays in the finance sector I don't see how she can keep her job. They won't sack her because to do so will be admitting guilt. I expect she will resign in the coming months and cite personal or family reasons for doing so.
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oldie
Joined: September 2021
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Post by oldie on Jul 25, 2023 18:22:13 GMT
Rose has got plenty of form for woke stuff. She was all too happy to mess Farage about.I don't believe for a moment her decision was influenced by anything other than her hatred of his politics. She almost certainly regrets this unprovoked attack on a man that has specialised on taking on the establishment. He's gonna win again. Rose has now admitted that she was wrong to talk to the BBC and made a serious error of judgment. She should be fired,talking to the BBC about someones bank account,that should be confidential. They are falling over themselves to apologise and trying to save their jobs,snivelling liberals,they've been caught out this time. Snivelling liberals!!😂😂😂
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basel
Joined: May 2014
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Post by basel on Jul 25, 2023 18:33:57 GMT
Rose has got plenty of form for woke stuff. She was all too happy to mess Farage about.I don't believe for a moment her decision was influenced by anything other than her hatred of his politics. She almost certainly regrets this unprovoked attack on a man that has specialised on taking on the establishment. He's gonna win again. Rose has now admitted that she was wrong to talk to the BBC and made a serious error of judgment. She should be fired,talking to the BBC about someones bank account,that should be confidential. They are falling over themselves to apologise and trying to save their jobs,snivelling liberals,they've been caught out this time. Rose has admitted it now has she. She's got to go. Talking to anybody about a customers account,but to the dodgy BBC! Sack the right on,millionaire bulls**tting woker!
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basel
Joined: May 2014
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Post by basel on Jul 25, 2023 18:35:46 GMT
Any Marxist right on types want to defend her?
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basel
Joined: May 2014
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Post by basel on Jul 25, 2023 18:47:53 GMT
Rose has effectively blamed the CEO of Coutts.Forgot his name,but he has'nt responded to the 3 letters Farage sent him.
There's some right bulls**tters amongst these bank people.
Sack em.
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oldie
Joined: September 2021
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Post by oldie on Jul 25, 2023 18:47:58 GMT
Any Marxist right on types want to defend her? Trymer?
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oldie
Joined: September 2021
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Post by oldie on Jul 25, 2023 18:51:34 GMT
Rose has effectively blamed the CEO of Coutts.Forgot his name,but he has'nt responded to the 3 letters Farage sent him. There's some right bulls**tters amongst these bank people. Sack em. 😂😂😂😂
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basel
Joined: May 2014
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Post by basel on Jul 25, 2023 18:55:19 GMT
A Peter Flavel,CEO of Coutts.
His pants are no doubt 'on fire' too.
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basel
Joined: May 2014
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Post by basel on Jul 25, 2023 18:58:44 GMT
Yep, with the Compliance rules in place nowadays in the finance sector I don't see how she can keep her job. They won't sack her because to do so will be admitting guilt. I expect she will resign in the coming months and cite personal or family reasons for doing so. Does the 38% owned by the state carry much weight when dealing with people unfit to lead the bank Nobby?
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bluetornados
Predictions League
Joined: June 2014
Posts: 12,653
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Post by bluetornados on Jul 26, 2023 1:55:05 GMT
Rose has now admitted that she was wrong to talk to the BBC and made a serious error of judgment. She should be fired,talking to the BBC about someones bank account,that should be confidential. They are falling over themselves to apologise and trying to save their jobs,snivelling liberals,they've been caught out this time. Rose has admitted it now has she. She's got to go. Talking to anybody about a customers account,but to the dodgy BBC! Sack the right on,millionaire bulls**tting woker! NatWest boss Dame Alison Rose to step down after row over Nigel Farage account..ichef.bbci.co.uk/live-experience/cps/1440/cpsprodpb/110EF/production/_130517896_gettyimages-1248938195.jpgThe chief executive of NatWest, Dame Alison Rose, is to step down after coming under pressure in the row over Nigel Farage's bank account. She had been heavily criticised for being the source of an inaccurate BBC report about the leading Brexiteer's account at Coutts, which is part of NatWest Group. NatWest chairman Howard Davies said she was leaving by mutual consent. Dame Alison had admitted a "serious error of judgment". In a statement released early on Wednesday morning, NatWest Group chairman Sir Howard Davies said: "The Board and Alison Rose have agreed, by mutual consent, that she will step down as CEO of the NatWest Group. It is a sad moment. "She has dedicated all her working life so far to NatWest and will leave many colleagues who respect and admire her." In a separate statement, Dame Alison thanked her colleagues "for all that they [had] done", saying: "I remain immensely proud of the progress the bank has made in supporting people, families and business across the UK, and building the foundations for sustainable growth." Earlier, she apologised for discussing the closure of Nigel Farage's account at NatWest's private banking arm Coutts with a BBC journalist, saying it was a "serious error of judgement". That apology came after the BBC apologised for its inaccurate report earlier this month which said Mr Farage's account was being closed because he no longer met the wealth threshold for Coutts, citing a source familiar with the matter. On Tuesday evening Downing Street and Chancellor Jeremy Hunt expressed "significant concerns" over her conduct, BBC News was told. Mr Farage, the former leader of the UK Independence Party, first reported in early July that his account had been closed. In her first admission that she had been involved, Dame Alison said in conversations with BBC business editor Simon Jack "she had confirmed that Mr Farage was a Coutts customer and he had been offered a NatWest bank account". She said she had believed this was public knowledge. The NatWest boss said she had not revealed any personal financial information about Mr Farage. "In response to a general question about eligibility criteria required to bank with Coutts and NatWest I said that guidance on both was publicly available on their websites. "In doing so, I recognise that I left Mr Jack with the impression that the decision to close Mr Farage's accounts was solely a commercial one," she said. She added: "I was wrong to respond to any question raised by the BBC about this case. I want to extend my sincere apologies to Mr Farage for the personal hurt this has caused him and I have written to him today." Mr Farage has said that Coutts did not give him a reason when it decided to close his account. But Mr Farage had obtained a document outlining his suitability as a Coutts client. The document had concerns that he was "xenophobic and racist", and assessed the reputational risk of having Mr Farage as a customer. Dame Alison said that Coutts had told her the account closure had been for commercial reasons. She said when she spoke to the BBC's Simon Jack she had not seen the dossier obtained by Mr Farage.
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basel
Joined: May 2014
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Post by basel on Jul 26, 2023 5:51:51 GMT
Ideas above her station.
Part of the woke movement trying to enforce their views and 'way of life' on all.
A proven liar.
Freedom of speech wins this particular battle,but other banks need looking into.
On your way Dame and next time mind your own f**king business.
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Post by Nobbygas on Jul 26, 2023 6:02:09 GMT
I did say yesterday that she had to go. Compliance is now such a big thing in the Finance Sector that the bank had to get rid of her, otherwise why should the employees take Compliance seriously if the Head Honcho was allowed to break the rules.
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basel
Joined: May 2014
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Post by basel on Jul 26, 2023 6:05:24 GMT
I did say yesterday that she had to go. Compliance is now such a big thing in the Finance Sector that the bank had to get rid of her, otherwise why should the employees take Compliance seriously if the Head Honcho was allowed to break the rules. Pressure from the Government.
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oldie
Joined: September 2021
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Post by oldie on Jul 26, 2023 6:58:06 GMT
I did say yesterday that she had to go. Compliance is now such a big thing in the Finance Sector that the bank had to get rid of her, otherwise why should the employees take Compliance seriously if the Head Honcho was allowed to break the rules. Absolutely God knows what she was thinking, discussing a customer account with a media outlet. But the question of whether a commercial business can choose who it trades with or not is still out there. Her poor judgement just gives cover to this question. The fact is the executive of Coutts decided that Farage was detrimental to their brand image, which is their right. The Nat West group offered him an alternative. That being the case I do not see the problem. Of course, as Cheshire has said, Farage is milking it because he craves publicity. At the outset, I was personally uncomfortable with anyone being denied a facility because of their (legal) views. But he was not. It was one brand within a banking conglomerate. A load of fuss over nothing which appeals to the idiots amongst us.
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Post by Nobbygas on Jul 26, 2023 7:29:39 GMT
I did say yesterday that she had to go. Compliance is now such a big thing in the Finance Sector that the bank had to get rid of her, otherwise why should the employees take Compliance seriously if the Head Honcho was allowed to break the rules. Absolutely God knows what she was thinking, discussing a customer account with a media outlet. But the question of whether a commercial business can choose who it trades with or not is still out there. Her poor judgement just gives cover to this question. The fact is the executive of Coutts decided that Farage was detrimental to their brand image, which is their right. The Nat West group offered him an alternative. That being the case I do not see the problem. Of course, as Cheshire has said, Farage is milking it because he craves publicity. At the outset, I was personally uncomfortable with anyone being denied a facility because of their (legal) views. But he was not. It was one brand within a banking conglomerate. A load of fuss over nothing which appeals to the idiots amongst us. Oldie, they only offered him a Current Account with Nat West and not a Business Account. It is quite obvious now that the claim that it was a Commercial Decision is false. If it was a Commercial Decision it could have been done very easily. The report from Coutts clearly show that this was not the case. As for being detrimental to their brand image, before this nobody had the slightest idea that Farage banked with Coutts. Nobody gave a toss! So in an attempt (as you say) to protect their brand image they have actually trashed that image by their own actions! It's not a lot of fuss about nothing though is it. What next, the bank cancelling your account because they don't like where you spend your money as they see it as being 'detrimental to their image'? The 'idiots amongst us' are the ones who are ignoring these very dangerous signals. "Farage is milking it because he craves publicity" - Be serious. The bloke has been publicly humiliated by the closure of his bank account. He has every right to shout about this from the roof tops. Yes, a commercial business should be able to decide who they do business with. I wonder how many dodgy Russians, mafia leaders, dodgy dictators etc still bank with Coutts? Farage is none of that.
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Cheshiregas
Global Moderator
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Post by Cheshiregas on Jul 26, 2023 7:49:49 GMT
"Farage is milking it because he craves publicity" - Be serious. The bloke has been publicly humiliated by the closure of his bank account. He has every right to shout about this from the roof tops. Sorry Nobby he has brought humiliation on himself, if he has at all!! If he felt that strongly he could have gone straight to the FCA. He chose to shout about it from the rooftops and continues to do so. No one was listening to his counting boat people on the beaches any longer, they had grow tired of his rhetoric. He's now found something new to get himself in the limelight, and he is absolutely loving it.
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basel
Joined: May 2014
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Post by basel on Jul 26, 2023 7:52:44 GMT
38% of NatWest is owned by the state. They were rightly put in their place.
Thousands of people have mysteriously had their account closed.
Farage has done the UK a big favour - again - ,by exposing all this.
Only assholes would think this a fuss about nothing.
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Post by Nobbygas on Jul 26, 2023 7:55:54 GMT
"No one was listening to his counting boat people on the beaches any longer, they had grow tired of his rhetoric." - There you go again Terry. That comment has absolutely nothing to do with this issue. You and Oldie are both guilty of using your personal views of Farage to cloud what is a very serious issue.
and the reality is that the FCA would have just said the decision was up to the bank so just jog on!
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Cheshiregas
Global Moderator
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Post by Cheshiregas on Jul 26, 2023 8:01:43 GMT
www.theguardian.com/business/2023/jul/26/natwest-boss-alison-rose-nigel-farage-account-couttsNow resigned. Rightly so as she broke the banks' own disclosure rules. Farage's real aim with his publicity - “I think the politically exposed person rules need to be completely re-interpreted and I think we have to look at all the anti-money laundering laws.” Those rules are drawn up with international agreement, and are in line with international compliance rules. I wondered why certain people especially the Tory hierarchy were shouting loud about this like Rees Smugg, Lord Frost and so on. Just like the EU introducing anti-tax avoidance measure prompting Brexit drive, it looks like they want to make it easier for PEPs and money launderers. Method in his madness. I wondered why he wanted to stay in the limelight. It all makes sense now.
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Post by Nobbygas on Jul 26, 2023 8:17:13 GMT
"Method in his madness. I wondered why he wanted to stay in the limelight. It all makes sense now." - Once again Terry. Farage didn't invite any of this. He didn't create the situation. He didn't want this 'limelight'. What he is doing now is exposing the illegal activities of the banking sector, for which we should all be grateful for. If it were Bob who lives in N0.7 down the road, nobody would listen, but Farage does have a public profile and he is using that public profile to highlight this illegal activity. We should be thanking him, not criticizing.
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