Coutts CEO Peter Flavel stands down over Nigel Farage row


outts’ chief executive Peter Flavel, the boss of the private bank which closed Nigel Farage’s account, will step down immediately, NatWest Group has said.

It follows the departure of NatWest CEO Dame Alison Rose, early on Wednesday, after she admitted a “serious error of judgment” when she discussed Mr Farage’s relationship with private bank Coutts, owned by the NatWest Group, with BBC business editor Simon Jack, at a charity dinner.

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