Bank CEO Out After Closing Prominent Conservative's Account and Then Lying About It


The chief executive of one of Britain’s biggest banks resigned on Wednesday amidst outrage that political commentator and former Brexit leader Nigel Farage’s bank accounts were shut off because of his right-wing views.

Alison Rose, CEO of NatWest Bank, stepped down from her role on Wednesday after admitting she anonymously and inaccurately told a BBC reporter that Farage’s bank accounts were closed entirely for “commercial” reasons, which BBC then ran a story on earlier in July, The Associated Press reported on Wednesday.

Farage obtained documents that indicate his accounts were not shut off due to financial reasons but because of his right-wing views and “support for Trump,” Farage said last week.

According to the documents Farage obtained, Coutts’ private bank — a subsidiary of NatWest — feared the “reputational damage” it would sustain by keeping on Farage as a client, calling him “xenophobic and racist” and “considered by many to be a disingenuous grifter,” according to the AP.

“We acknowledge that the information we reported — that Coutts’ decision on Nigel Farage’s account did not involve considerations about his political views — turned out not to be accurate,” BBC said.

Jaw-Dropper: A Reported 4x as Many Local Secret Service Agents Sent to Jill Biden on Same Day Trump Was Shot

On Tuesday evening, Rose apologized to Farage and admitted she was the source who anonymously gave false statements to BBC about his account closures, and said that speaking to the reporter was “a serious error of judgment,” the AP reported. Initially, NatWest planned to keep Rose on — perhaps with a pay cut — but pressure from the U.K.’s prime minister and the Treasury resulted in her resignation on Wednesday morning, according to Bloomberg.

The bank said Rose’s departure was “by mutual consent.” NatWest shares fell more than 3 percent on the London Stock Exchange early on Wednesday, the AP reported.

NatWest did not immediately respond to a request for comment.

All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact

Truth and Accuracy

Submit a Correction →

We are committed to truth and accuracy in all of our journalism. Read our editorial standards.

, , ,
Founded by Tucker Carlson, a 25-year veteran of print and broadcast media, and Neil Patel, former chief policy adviser to Vice President Dick Cheney, The Daily Caller News Foundation is a 501(c)(3) non-profit providing original investigative reporting from a team of professional reporters that operates for the public benefit. Photo credit: @DailyCaller on Twitter