By Alisha Houlihan for AMLi
Top UK banks on Wednesday agreed to overhaul their account closure procedures and commit to protecting their clients’ “freedom of expression”, as the backlash against NatWest’s handling of Nigel Farage continues.
As a result of Farage’s claim that his account with NatWest’s private bank Coutts has been closed due to his political views, senior executives from Barclays, HSBC, Lloyds, NatWest, Santander and Nationwide were summoned to a meeting with City minister Andrew Griffith.