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Old 20-07-2023, 13:13   #248
Chris
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Re: The Bank of Farage

Quote:
Originally Posted by Hugh View Post
No, one of his main points was that he couldn’t get a bank account.

Coutts appear to have decided that, as a bank who are a byword for discretion, the potential downside of having a professional self-publicist whose main aim in life seems to be to stir up outrage, wasn’t worth the effort.

Let’s see what the FCA investigation brings about - but I’m pretty sure that if it finds no fault in the process, more faux-victimisation will result.

Strange how all Osborne’s stories about peoples’ bank accounts being closed were ignored, but this story is being blown up out of all proportion (imho) - I wonder what the difference could be?
Farage certainly did himself no favours with all the hyperbolic nonsense about being totally excluded from the banking system when the story first broke. But the dossier of internal Coutts debates over how to get rid of him do them no favours either. Farage’s public profile has been far higher than it is now. If they wanted to use a fairly industry-standard measure of political exposure to get rid of him then they could have done it years ago.

The questions we have to hope the FCA answers are, why hide their social-political reasons behind their financial criteria, and why now?
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