Posted on

Alison Rose of NatWest Bank Resigns After Nigel Farage Allegations



Share

Alison Rose, the chief executive of NatWest, one of Britain’s largest banks, resigned on Wednesday, just weeks after becoming embroiled in a dispute over the closure of the bank account of Nigel Farage, who is best known as a champion of Britain’s exit from the European Union.The departure of Ms. Rose, the first woman to lead a major British bank, who had been charged with transforming an institution marred by scandal, was swift.Less than a month ago, Mr. Farage, the former leader of the UK Independence Party, said his account at Coutts, the private bank owned by NatWest, had been closed because of his political views. A tumultuous saga followed, including an inaccurate BBC News story based on information from a source within the bank, the revelation of internal Coutts documents about the account that mostly substantiated Mr. Farage’s claim, and then multiple apologies to Mr. Farage — including by Ms. Rose, who admitted o …

Read More