Peter Flavel’s resignation comes after the NatWest boss stepped down for leaking a story about the former Brexit Party leader’s finances
The boss of upmarket private bank Coutts has resigned over his role in the closure of Nigel Farage’s bank accounts.
Peter Flavel acknowledged the handling of Mr Farage’s case “fell below Coutts’s high standards” and stepped down with immediate effect on Thursday. He had come under intense pressure over the furore, which has plunged the bank into chaos.
His departure follows the middle of the night resignation of Dame Alison Rose as the chief executive of NatWest, which owns Coutts.
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