The CEO of NatWest is stepping down after admitting a 'serious error of judgment' in leaking information about Nigel Farage's bank account
The BBC and its business editor Simon Jack apologised, saying the reporting had been based on information from a "trusted and senior source" but "turned out to be incomplete and inaccurate".She said she had not revealed “any personal financial information” about Mr Farage but admitted: “I left Mr Jack with the impression that the decision to close Mr Farage’s accounts was solely a commercial one.
Sir Howard said the "overall handling of the circumstances surrounding Mr Farage's accounts had been unsatisfactory, with serious consequences for the bank", before promising an independent review, which will be made public.Sheldon Mills, Financial Conduct Authority executive director for consumers and competition, said it had raised concerns about breaches of confidentiality by Coutts and its parent company NatWest.
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