It is almost certain that the resignation of Dame Alison Rose, the former chief executive of NatWest Group, will not end the controversy concerning the decision of Coutts, NatWest’s private banking and wealth management subsidiary, to “debank” Nigel Farage, a former leading UK politician and Coutts’ customer.
The latter raises significant corporate governance and risk management issues relating to, inter alia, the relationship between NatWest and its subsidiary and t...