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Post by Nobbygas on Jul 26, 2023 16:24:35 GMT
C'mon Nobby, what do you think happened when we left the EU, that all things remained the same. Don't let your opinion of and belief in everything Nigel Farage says being true blind you to the fact that the whole situation changed. Why do you think British residents of the EU had their accounts closed and payments became more difficult. My friend died and I am executor to his estate. His daughter is resident in Spain and I had to get a Notary Public to confirm documents in order to make payments that I had previously made without issue. None so blind than those that will not see Cheshire Oldie, why don't you try contributing to the debate instead of just doing your impression of an armchair sniper. You do yourself no favours. |
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Cheshiregas
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Post by Cheshiregas on Jul 26, 2023 16:25:58 GMT
C'mon Nobby, what do you think happened when we left the EU, that all things remained the same. Don't let your opinion of and belief in everything Nigel Farage says being true blind you to the fact that the whole situation changed. Why do you think British residents of the EU had their accounts closed and payments became more difficult. My friend died and I am executor to his estate. His daughter is resident in Spain and I had to get a Notary Public to confirm documents in order to make payments that I had previously made without issue. As someone who works/lives both in the UK and the EU I get to see both sides of the coin. Practically all the new rules, regulations and laws in the Finance industry have been introduced by the EU, especially after 2008. In my work we calculated that 65% of our time is spent ensuring things adhere to Compliance. Look at MFID and MIFID2! The amount of work created by this is extraordinary. We have to generate approx. 250,000 reports every night just for MIFID purposes! You may not but the Finance Industry does. |
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oldie
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Post by oldie on Jul 26, 2023 16:27:45 GMT
None so blind than those that will not see Cheshire Oldie, why don't you try contributing to the debate instead of just doing your impression of an armchair sniper. You do yourself no favours. I have and I am agreeing with Cheshire. |
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basel
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Post by basel on Jul 26, 2023 17:45:00 GMT
Two entirely different boards. Against the law maybe? For god's sake Basel, learn about corporate structures or don't just spout garbage. Coutts board are not allowed to give another board ( Natwest) information about someones (Farage) account. That can't be right. |
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oldie
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Post by oldie on Jul 26, 2023 17:49:51 GMT
For god's sake Basel, learn about corporate structures or don't just spout garbage. Coutts board are not allowed to give another board ( Natwest) information about someones (Farage) account. That can't be right. Oh god...they live amongst us |
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basel
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Post by basel on Jul 26, 2023 18:19:52 GMT
Coutts board are not allowed to give another board ( Natwest) information about someones (Farage) account. That can't be right. Oh god...they live amongst us Thinks he's a god now. |
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Cheshiregas
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Post by Cheshiregas on Jul 26, 2023 19:02:42 GMT
Irony ~ man who complains about politics in banking uses political allies in Tory Party to get rid of banking boss.
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basel
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Post by basel on Jul 26, 2023 19:09:49 GMT
Irony ~ man who complains about politics in banking uses political allies in Tory Party to get rid of banking boss. They signed their own 'death warrants'. |
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Post by Nobbygas on Jul 27, 2023 9:09:42 GMT
Irony ~ man who complains about politics in banking uses political allies in Tory Party to get rid of banking boss. I don't think Farage has that many allies in the Tory Party. Plus Terry, as you are well aware, if you breach Compliance rules, if you were just a minnion it would be instant dismissal. She should never had been given the chance to resign, as she'll no doubt walk away with a substantial pay-off. It wasn't the Tories who got rid of her. She should have been sacked. The fact her own Board gave her a vote of confidence was astonishing. |
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Post by oldie on Jul 27, 2023 9:40:26 GMT
Irony ~ man who complains about politics in banking uses political allies in Tory Party to get rid of banking boss. I don't think Farage has that many allies in the Tory Party. Plus Terry, as you are well aware, if you breach Compliance rules, if you were just a minnion it would be instant dismissal. She should never had been given the chance to resign, as she'll no doubt walk away with a substantial pay-off. It wasn't the Tories who got rid of her. She should have been sacked. The fact her own Board gave her a vote of confidence was astonishing. Call me cynical but I cannot help feeling that with the absolute mess the Tories are in, this is a very convenient smokescreen for them to hide behind. Faux outrage over the actions of a board member of company that they have 38% ownership of. With that level of ownership you would have thought they would have a direct appointee to that board to represent the public's shareholding. |
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Post by Nobbygas on Jul 27, 2023 9:45:14 GMT
I don't think Farage has that many allies in the Tory Party. Plus Terry, as you are well aware, if you breach Compliance rules, if you were just a minnion it would be instant dismissal. She should never had been given the chance to resign, as she'll no doubt walk away with a substantial pay-off. It wasn't the Tories who got rid of her. She should have been sacked. The fact her own Board gave her a vote of confidence was astonishing. Call me cynical but I cannot help feeling that with the absolute mess the Tories are in, this is a very convenient smokescreen for them to hide behind. Faux outrage over the actions of a board member of company that they have 38% ownership of. With that level of ownership you would have thought they would have a direct appointee to that board to represent the public's shareholding. Faux outrage? Are you aware of the Compliance rules in place nowadays Oldie? It's an outrage that she wasn't dismissed instantly ! |
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Cheshiregas
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Post by Cheshiregas on Jul 27, 2023 9:50:26 GMT
Irony ~ man who complains about politics in banking uses political allies in Tory Party to get rid of banking boss. I don't think Farage has that many allies in the Tory Party. Plus Terry, as you are well aware, if you breach Compliance rules, if you were just a minnion it would be instant dismissal. She should never had been given the chance to resign, as she'll no doubt walk away with a substantial pay-off. It wasn't the Tories who got rid of her. She should have been sacked. The fact her own Board gave her a vote of confidence was astonishing. She resigned, she doesn't get a package, but may retain some rights such as share options, which will be worth less as the share price has fallen. The Government still owns shares in NatWest Group and pressure was put on her to go. She was right to resign having breached confidentiality. 'I don't think Farage has that many allies in the Tory Party.' I think that is showing naivety [and I don't mean in a bad way] - the Tory Party has lurched to the far right under pressure from the ERG and the likes of The Bruges Group. The number of Tories who leapt to Farage's defence was a surprise but then the Tories fear losing the support of the anti-EU, anti-immigrant, etc supporters who gave them such a large majority and still believe anything they say. Farage is their key propagandist who can do their propaganda work for them. |
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oldie
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Post by oldie on Jul 27, 2023 10:00:20 GMT
Call me cynical but I cannot help feeling that with the absolute mess the Tories are in, this is a very convenient smokescreen for them to hide behind. Faux outrage over the actions of a board member of company that they have 38% ownership of. With that level of ownership you would have thought they would have a direct appointee to that board to represent the public's shareholding. Faux outrage? Are you aware of the Compliance rules in place nowadays Oldie? It's an outrage that she wasn't dismissed instantly ! Faux, because how many cabinet ministers should have been dismissed instantly because of their behaviour over the last 3-4 years? Including a sitting Prime Minister. |
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Post by Nobbygas on Jul 27, 2023 11:42:50 GMT
Faux outrage? Are you aware of the Compliance rules in place nowadays Oldie? It's an outrage that she wasn't dismissed instantly ! Faux, because how many cabinet ministers should have been dismissed instantly because of their behaviour over the last 3-4 years? Including a sitting Prime Minister. I don't know Oldie. You tell me how many. |
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oldie
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Post by oldie on Jul 27, 2023 12:34:32 GMT
Faux, because how many cabinet ministers should have been dismissed instantly because of their behaviour over the last 3-4 years? Including a sitting Prime Minister. I don't know Oldie. You tell me how many. 😁 |
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Post by Nobbygas on Jul 27, 2023 12:48:25 GMT
I don't know Oldie. You tell me how many. 😁 Well, gone on. How many should have been instantly dismissed? You made the claim now back it up! |
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trymer
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Post by trymer on Jul 27, 2023 13:50:35 GMT
Flavel gone now...surely the rest of the board have to go as well ?
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Post by Nobbygas on Jul 27, 2023 14:02:36 GMT
Flavel gone now...surely the rest of the board have to go as well ? Yep, it was obviously a Commercial decision to cancel his account  |
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Post by oldie on Jul 27, 2023 14:14:36 GMT
Well, gone on. How many should have been instantly dismissed? You made the claim now back it up! Without to much thought Johnson, Raab, Braverman, etc etc. |
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Cheshiregas
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Post by Cheshiregas on Jul 27, 2023 14:30:20 GMT
Flavel gone now...surely the rest of the board have to go as well ? Yep, it was obviously a Commercial decision to cancel his account No that's called political pressure. Does it not occur to you Nobby to ask why so many Tory political figures are backing Farage? Oh and you may find this interesting or of course ignore. In April the Times and Bloomberg announced that 'Marshall Wace has taken a £155.6 million ($193 million) short position against NatWest Group Plc, the largest-ever disclosed short against the British bank since records began in 2012.
The latest disclosure to the UK’s Financial Conduct Authority shows the hedge fund increased its bet against the lender on March 23, bolstering its position from 0.51% as of March 10, representing about 0.61% of the taxpayer-backed bank.
Short sellers sell borrowed securities in hope to buy them back at lower prices and pocket the difference as profit. Marshall Wace’s strategies are typically market neutral meaning such positions are usually offset by long positions elsewhere.'Today - www.standard.co.uk/business/gb-news-owner-s-firm-makes-millions-as-natwest-shares-slide-b1097128.html#r3z-addoor
GB News owner’s fund makes millions from short position as NatWest shares slide
Marshall Wace holds a 0.59% short position in NatWest, which has delivered gains of close to £12 million in the past weekA hedge fund led by the owner of GB News has made millions from shorting NatWest stock as the bank’s shares fell in the wake of the controversy over Nigel Farage’s bank account.
Sir Paul Marshall’s hedge fund Marshall Wace has a 0.59% short position in NatWest, according to regulatory filings first unearthed by the Telegraph. The fund has held a short position against NatWest since the Spring, and has pared back its bets slightly in recent months.NatWest shares have lost 8.4% of their value in the past week as the company has come under fire for how it handled Nigel Farage’s account with exclusive bank Coutts. That represents close to £2 billion in market capitalisation, meaning Marshall Wace has gained around £11.7 million in that time period by betting against the bank.Guess who Nigel Farage works for. Guess who gains the longer he keeps this matter alive. Just like with Brexit and investors like the disgraced Crispin Odey making millions from shorted positions.. The whole affair is starting to really stink. |
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