“Prejudiced and nasty” Nigel Farage…

[MangetoutsaysGetOutMan]

… doesn’t understand irony.

I can't stand Nigel Farage and despise what he stands for. But she shouldn't have been discussing the banking affairs of one of her customers on a social setting. Hoisted by her own petard. It doesn't make any difference whether she was a woman or a man. She shouldn't have done it.

Brilliant Farage calling BBC condescending

You are sensationally missing the point, the woman took the fall because she broke lots of rules, or shouldn't we punish women for breaking rules.

Stop trying to turn this into something that it isn't.

@Againstmachine the person that has made the whole situation into something it isn't is Nigel Farage - and everyone has fallen for it. Including the bloody PM and Home Secretary- because obviously anything to detract from real issues.

I won't be coming back to this thread as he thrives on the oxygen.

If the bank was smug over Farage they’ll be less smug over that share price drop

@Barbadossunset, @AutumnCrow, @Qbish, Thanks for taking time to read my posts. It comes with the usual implied health warnings of I dont work there and its random speculation.

@Swrigh1234 yep this is about governance.
Plus various departments/core tasks should be the direct reporting responsibility of individual board members.
Plus the whistleblowing legislation was introduced which allows lower level employees to report more senior staff's actions directly to the board and staff training on whistleblowing is mandatory.

@GailBlancheViola she was going one way or the other. The only question was what her exit package is going to be and what's the cost of breaching its confidentiality clauses.
Her biggest problem is that her career is over if she looses her "personal" banking licence that's one reason why there is an external body to regulate who gets to run the bank.

@AgathaSpencerGregson the board don't have a "viable" interim plan for leadership via sucession because whoever they appoint internally are "implicated" as they are in the senior management circle who should have seen the problem with the report (the decison making process) and employed external banking CEO's are going on long term gardening leave before they can join NW.

But he wouldn't had anything to talk about if the bank hadn't acted inappropriatly.

Oh and your flounce 'I'm wrong but I'm not coming back to reply' proves you are wrong.

Don’t agree I’m afraid. The critical point is rose’s integrity. They could and should have someone to appoint who is not implicated in those issues and it seems they do.
should have done it straight away. Now the whole board look like gurning wankers.

If you’ll fall for this you’ll fall for anything. Spectacularly stupid stuff.

Yep they can’t back it up.

You are so blinded by your personal hatred of Farage that you are unable to see the bigger picture. NF was told months ago that Coutts was closing his account, he has only gone public because they were unable to give him a satisfactory explanation about why.

The bigger picture is that people with far less exposure that NF are having their accounts closed for daring to express an opinion or having the wrong political beliefs. Their beliefs are not unlawful, they have just failed the banks EDI purity test. It is impossible to function in the modern world without a bank account and banks should not just be able to close the accounts of people just because the customer does not share the banks fashionable luxury beliefs.

NF has he platform and resources to take on the bank but most people do not. This time it's someone you don't like but if/when the wind changes direction it could be you. There is a principle at stake which we should all have a vested interest in fighting for.

Bank CEO's should not be discussing customer accounts with anyone outside the bank nevermind feeding lies to a fucking journalist.

So @grannysmithspips

As far as I am concerned Nigel Farage is the one who told everyone about his financial affairs - and yet again a woman takes the fall.

It ia believe women except this one who has made a public statement.

I have lost respect for NatWest for giving in to this disgusting grifter.

You think the law should only apply to people you approve of.

Everyone seems to have forgotten that not so long ago Nigel Farage was doing videos for money - remember the "up the RA" video? Where the hell did he get the money to repay a mortgage in full - do those videos pay that much? That is the question everyone should be asking.

See this ^ was her Job.
But you have formed a belief that she failed to do her job.
Yet you think that she should continue to be employed and therefor bu your standard continue to fail to do her job.

ALL banks would be wary of somebody in that situation.

You have a political belief so you are the "somebody" the bank should be wary of.

The gobshite has got what he wants - more oxygen for his narcissistic needs - while the planet burns and the rest of the country suffers in a cost of living crisis.

See this ^ is not her Job.
But you have formed a belief that she should make it her job.

The cherry on this disgusting cake would be for him to get his Coutts account back - hopefully everyone else would then leave Coutts - and cite Nigel Farage as the reason

The basic standard of civil behaviour after accepting a mistake was made is to try put the person back in the position they were.
You thinking, that the rest of their client list would have your gold star of approval, is amusing.

So would you be OK if a bank refused to let black people bank with them? Of course not which shows that actually equality and democracy is also important.

This episode is another example of how tribal politics is nowadays. You are either left or right, woke or gammon, this or that, etc. It's all very ugly and pathetic really.

You thinking, that the rest of their client list would have your gold star of approval, is amusing.

It's hilarious isn't it.

For those saying that Coutts is a Private Bank and therefore can decide who has access to their services and on whatever criteria Coutts is part of the Nat West Group, a Group that were bailed out at taxpayer expense because of their rank incompetence that led to the Credit Crunch and all the misery of that for the very same taxpayers who footed the Bank's bill. Many of those self same taxpayers no doubt hold views that the Bank in their new incarnation of moral vanguards would vehemently disagree with yet they are not so squeamish when they have their begging bowl out for the self same taxpayer money.

You are sensationally missing the point, blinded by your hatred of Farage. If banks can do this, and breach the confidentiality of a person you don't like, they can do it to you. That is the principle here.

@AgathaSpencerGregson

The critical point is rose’s integrity.

Agreed,
If that is specific to her action of talking to the papers, she gets a F.

The question around the NF decision is more complex. The ultimate test from a professional point of view is how the ethos of the senior managers got to the stage where a whole bunch of employees were involved and nobody asked if the process was correct and check with her (or the board).

They could and should have someone to appoint who is not implicated in those issues and it seems they do.

Why did she genuinely believed or at least claim the NF decision was common knowlege? Logical reason is that senior staff were talking about it and you can bet that gossip includes the jucie bits. You first question would be "He is gone! Why, what happened?" .... you know the message about all calls are recorded that applies to a lot of internal calls plus email plus the instant message system etc

The decision is inbeded in multiple layers of checks to prevent independent thinking and create a type of hive mind. The selection, training etc should produce senior employees who can be trusted to set the tone of how the hive mind should think. If it is not rogue employees the whole tone of how it happened is the problem.

should have done it straight away. Now the whole board look like gurning wankers.

Even at her level they cant sack without proof. And with proof they don't need another episode of her having a chat with the newspapers while gunning for the Board. If she is on MN she has a notebook full of why most of the blame rests with the Board members.

If you had a clear record would you take her job knowing that there is going to be an adverse finding reported on your watch and in 10 years time other dinner guests are only going to remember you were involved in some dodgie NW thing. And putting a pin it by the board is replacing you with an external hire.
Dont get me wrong CEO jobs at that level are not plentyful but an other option is put your CV out, bide your time and aim to get the job of whoever rises to the challenge of NW CEO.

For her she is looking at a costs risk (legal fees etc ) and the bank should not have included covering that cost in her existing contract.
As an employee of the bank that cost (is a bank cost) would be picked up by an insurance policy and it is likey there is a specific insurance contract to give her separate personal cover for if/when she gets accused of acting outside the terms of her employment.
Plus still a reputation risk of the Board engaging in a cover their ass by blaming her.

I still want to know who grassed up Rose and Jack talking at that dinner.

Oooh ... Rose and Jack … hit an iceberg but this time it was Rose who sank and Jack got to cling on to the floating debris.

(See what I did there?)

The fun will continue when Farage makes Subject Access Requests to the banks who refused him new accounts.

Lot of people sweating right now, I should think.

Ha ha!

She's now been told to step down from Downing Street’s Business Council and Energy Efficiency Taskforce.

She has All by Myself on the turntable.

Rose earned £5.25m last year 😱

Bank CEO's should not be discussing customer accounts with anyone outside the bank nevermind feeding lies to a fucking journalist.

Pithy but very effective summary, @FOJN.

Is Simon Jack walking away from this whistling with his hands in his pockets? I look forward to any forthcoming appearance before a select committee.

Fookin hell.

AutumnCrow · Today 11:08
I still want to know who grassed up Rose and Jack talking at that dinner.

Yes I wonder. A clued up student waiting at tables as a gap year job?