Sat.Jul 22, 2023

article thumbnail

Coutts’ virtue-signalling plan had one flaw. The bank has no virtue to signal | Catherine Bennett

TheGuardian

Compiling the Farage dossier takes some cheek when you have so many ghastly clients ‘Dear valued Coutts customer, following unhelpful media speculation, we would like to assure you that, in keeping with our reputation as an inclusive bank, loathsome high net worth individuals will always find a warm welcome here, along with the utmost client confidentiality…” Tricky.

75
article thumbnail

Bank rule changes after Nigel Farage furore could tip off criminals, say experts

TheGuardian

Plans to make closure of accounts more transparent may ‘undermine’ measures against money laundering New government rules meant to boost the transparency of bank account closures after Nigel Farage’s campaign against private lender Coutts, could have damaging consequences for fighting financial crime, industry and law enforcement sources have warned.