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Old 20-07-2023, 09:27   #225
1andrew1
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Re: The Bank of Farage

Quote:
Originally Posted by nomadking;36156661[/quote
What about the "but one centred around inclusivity and Purpose" bit? In other words having "unauthorised" opinions.
No idea what they mean by "Purpose" but it may be explained in the dossier.

Presumably by "inclusivity" they feel that Coutts' association with Farage may deter some people banking with them and they've decided that the potential profit from those people outweighs the potential profit from retaining Farage. That's the private banking business for you. It's not about unauthorised opinions as I'm sure banks won't be aware of most customers' opinions. But if you're a public figure who courts controversy and offends sections of the population then you may not be a good fit for a traditional private bank.

Last edited by 1andrew1; 20-07-2023 at 09:35.
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