Former NatWest boss Dame Alison Rose is to lose £7.6m of her potential payoff as the taxpayer-backed lender seeks to draw a line under the debanking row sparked by the closure of Nigel Farage's Coutts accounts.
Former NatWest boss Dame Alison Rose is to lose £7.6m of her potential payoff as the taxpayer-backed lender seeks to draw a line under the debanking row sparked by the closure of Nigel Farage's Coutts accounts. Confirming Sky News' revelations on Friday morning, NatWest said in a statement to the London Stock Exchange that Dame Alison would receive more than £1.7m between now and the end of her 12-month notice period.
It emerged following a subject access request by Mr Farage that NatWest employees had belittled the broadcaster and former politician, making a stream of pejorative comments about his views and finances. Last month, the bank apologised to Mr Farage, acknowledging that it had been guilty of 'serious failings' in the way it had treated him.
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