Bank warns Alison Rose could see pay docked after controversy over closure of ex-Ukip leader’s Coutts account
NatWest has insisted it has “full confidence” in Alison Rose, despite the chief executive admitting she made a “serious error of judgment” in discussing Nigel Farage’s banking relationship in a conversation with a BBC reporter.
The banking group’s chairman, Howard Davies, said the board’s support for Rose came after “careful reflection” but warned she could see her pay docked as a result of the controversy, which started after NatWest’s private bank Coutts shut the ex-Ukip leader’s accounts earlier this year.