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Nigel Farage cries persecution, nobody wants to be his banker after ties to Russia

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  • Registered Users Posts: 82,509 ✭✭✭✭Overheal




  • Registered Users Posts: 4,952 ✭✭✭Shoog


    So as you clearly acknowledge there they made a decision based upon his reputation and his failure to meet the financial criteria post payment of mortgage. They had a choice to ignore his lack of funds and retain him as a customer - but were perfectly within the rights and rules to dump him based upon his reputation and lack of funds.

    All of this would have been precipitated by an account review based upon his anticipated lack of funds post mortgage. The critical thing here is that the mortgage was the trigger.



  • Posts: 0 [Deleted User]


    No, the mortgage was the ruse by which to exit Farage.

    His political views were the primary reason -- 40 pages of them.

    But keep repeating the debunked lie, because that's what it is, that Farage was too poor.



  • Registered Users Posts: 7,857 ✭✭✭growleaves


    Yes but the legal technicalities aren't the only issue here but the proven fact that they didn't want to keep him because they had informal ideological criteria he didn't meet.

    It is worrying for institutions (even private ones) to have narrow political tests on their books.

    There are only so many banks (soon to be fewer), and banking is fundamental to modern living.

    Soon to be more so, if cashlessness comes in. I also oppose cashlessness and assume that political liberals will accuse people who oppose it of "scaremongering".



  • Registered Users Posts: 3,068 ✭✭✭McFly85


    Where’s the proof the mortgage was a ruse?

    Naturally the dossier on his controversial public opinions is longer than the financial ones - he has a long history of them, and it doesn’t take too long to say he’s not worth enough money to us once this mortgage completes.

    This is just you disregarding what you don’t like to push your own narrative that it was his political opinions and nothing else.



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  • Moderators, Politics Moderators, Social & Fun Moderators Posts: 15,471 Mod ✭✭✭✭Quin_Dub


    You really don't know what the word "debunked" means , do you?

    Farage WAS (and still is) too poor to hold an account with Coutts AND he's a horrible twat that carries significant reputational risk with him everywhere he goes.

    BOTH of those things are absolute fact.

    Him getting his account back with Coutts does not mean that he now has enough money , they just hope it will make him stop screaming on TV.

    This canard about "why did they have 40 pages about his political opinions!!" is just ridiculous.

    Because that is his job - To give his political opinions and to amplify right wing talking points"

    If he was a property developer there would be 40 pages detailing all the properties he owns and the risks they carry.



  • Registered Users Posts: 4,952 ✭✭✭Shoog


    That is your opinion - which is worth nothing to me.



  • Registered Users Posts: 16,619 ✭✭✭✭astrofool


    The end of the mortgage meant he dropped below the threshold for keeping the account, he had many months and multiple rejections from other banks to remedy this but didn't, this is a fact you cannot run away from. He was not de-banked.

    The pages was the data they kept on farage, they supplied it as they are required to. Nowhere does it say that the reason he lost his account was that data. The fact they think he is an odious racist and xenophobic individual is neither here nor there, they still provided banking services to him knowing this. They will have far more odious individuals on their books that didn't lose their bank account.

    You cannot continually run away from these facts rapidash and contribute effectively to the thread, you're just washing yourself in excrement trying to ignore it.



  • Registered Users Posts: 82,509 ✭✭✭✭Overheal


    You keep calling it a lie but it’s literally proven there. He didn’t have enough money with them and they didn’t feel inclined to extend the piece of **** a new mortgage which they have every right to. You aren’t entitled to someone else’s credit.



  • Registered Users Posts: 7,857 ✭✭✭growleaves


    Look at what has actually happened:

    Coutts' reputation has been harmed because they dropped Farage and because Farage is popular.

    The "reputational risk" they identified only exists theoretically within a closed circle of self-referential ideology.

    In a society in which people are free to decide their own political opinions, saying one set of opinions is harmful to an institution's reputation creates a highly tendentious political test.

    Since I cannot opt-out of banking, and advocates of cashlessness want to create ever more total dependence on banking, it is not acceptable for any bank to do this and its foolish for any who isn't super-wealthy or super-powerful to go along with it even a little.

    Ordinary people should see past their dislike of a charmless politician to their own interests.



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  • Registered Users Posts: 4,952 ✭✭✭Shoog


    None of this applies to you since you are not a Coutts customer, you will likely never qualify for a Coutts account unless you win the lottery. Its simply a hysterical over reaction on your part to a wealthy twat not been as wealthy as he would like to imply. The coming and going of the super elite are nothing to do with your rights or access to banking.

    You have picked the wrong hobby horse to ride. Its like expecting the King to buddy up with Farage because his popular with 17.5Million racist twats.



  • Registered Users Posts: 3,068 ✭✭✭McFly85


    Coutts reputation has been harmed because the CEO of NatWest shared customer information with a journalist. That should have never happened and the fact that it was the person at the very top was surprising. But the people involved have been removed which is the correct thing to do.

    Now the new person has come in and decided that the quickest way to move this on from the news cycle is to give him back his account, he’s not getting it back because the original decision was incorrect or unlawful.



  • Moderators, Politics Moderators, Social & Fun Moderators Posts: 15,471 Mod ✭✭✭✭Quin_Dub


    There are probably a bunch of people that had never heard of Coutts before and would never be allowed have an account there anyway that think they are terrible , but I would imagine that Coutts reputation among the people that might actually be capable of doing business with Coutts is pretty much un-damaged.

    They might have some concerns about their Private info being discussed ,but that has been assuaged by Rose resigning.

    And that is the only reason she resigned , closing Farages account wasn't the reason she left.



  • Registered Users Posts: 4,952 ✭✭✭Shoog


    Rose was stupid and paid a heavy price. I doubt she will be on the dole for long though.


    Heres a clarifying question, can anyone provide a shred of evidence that anyone has been refused a high street bank account because of their political views ??



  • Posts: 0 [Deleted User]


    Alison Rose lied to the BBC journalist. It wasn't just her leak, but the nature of her leak. Rose deliberately omitted the political dimension of Farage's account closure. Rose only wanted the scandal framed from a purely financial perspective.

    If you were to put yourself in Rose's shoes for a second, what possible reason would Rose have to do that?



  • Registered Users Posts: 7,857 ✭✭✭growleaves


    Rishi Sunak seemed put out by Coutt's actions, as might other wealthy Tories.



  • Registered Users Posts: 4,952 ✭✭✭Shoog


    Wealthy Tories will be the people who block any change to the license's of boutique banks. They value their exclusive banking services more than appearing to be doing the right thing. it would look bad if Sunak didn't row in - but he will kick it into the long grass and Nige will lose interest since he got what he wanted.

    The Tories loath the little oink Farage and they are going to loath him even more after this.



  • Moderators, Politics Moderators, Social & Fun Moderators Posts: 15,471 Mod ✭✭✭✭Quin_Dub


    She said she thought that the information was already in the public domain - Presumably meaning the document that Farage released but that wasn't the case at the time she spoke to the Journalist.

    Given that we don't know the exact content of the discussion we cannot know whether she explicitly denied that there were other factors involved or whether the Journalist simply decided to focus on the financial element.

    Neither have said they "lied" but both have admitted to releasing "incomplete" information.



  • Registered Users Posts: 82,509 ✭✭✭✭Overheal


    No she quit because she’s shared client info directly with the press.



  • Moderators, Politics Moderators, Social & Fun Moderators Posts: 15,471 Mod ✭✭✭✭Quin_Dub


    They'll tweak the PEP rules to be seen to have done something but nothing will change for regular people finding it hard to open bank accounts for various reasons - None of which are because of their politics.



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  • Posts: 0 [Deleted User]


    Absolute nonsense.

    Funny how you suddenly become sceptical about intentions with Alison Rose, but have no problem making statements of certitude regarding Farage without any evidence to back those claims up.

    To everyone else, it's conspicuous that Rose leaked the financial angle as a means of covering up the political angle. She lied to the BBC and Farage's subsequent SAR exposed her dishonest and iniquitous behaviour.



  • Registered Users Posts: 82,509 ✭✭✭✭Overheal


    Funny how you suddenly become sceptical about intentions with Nigel Farage with a Nigel Farage Avatar, but have no problem making statements of certitude regarding Allison Rose without any evidence to back those claims up.

    To everyone else, it's conspicuous that Farage leaked the political angle as a means of covering up the financial angle. He lied to the everyone and Farage's dossier exposed his dishonesty and iniquitous behaviour.



  • Posts: 0 [Deleted User]


    Rose lied. She got fired for it.

    That's a pretty bad attempt at a gotcha.



  • Registered Users Posts: 82,509 ✭✭✭✭Overheal


    Nigel Lied. He got kicked out of government. That’s an atrocious attempt at a gotcha.



  • Registered Users Posts: 11,774 ✭✭✭✭BattleCorp




  • Registered Users Posts: 82,509 ✭✭✭✭Overheal




  • Posts: 0 [Deleted User]




  • Registered Users Posts: 4,952 ✭✭✭Shoog




  • Registered Users Posts: 11,774 ✭✭✭✭BattleCorp


    Here's what Flavel said himself.

    In his resignation statement, Flavel said: “In the handling of Mr Farage’s case we have fallen below the bank’s high standards of personal service. As CEO of Coutts it is right that I bear ultimate responsibility for this, which is why I am stepping down.”

    I wonder what he did wrong when handling Farage's case?

    Edit. Now that I think about it, if Flavel says the bank has fallen below the bank's high standards of personal service, that personal service must mean their service to Nigel Farage. Looks to me like they are admitting a wrongdoing to Nigel Farage in that statement.



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  • Registered Users Posts: 4,952 ✭✭✭Shoog




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