The CEO of one of the biggest banks in the United Kingdom has resigned after admitting she leaked details about the closure of Brexit campaigner Nigel Farage’s accounts to a journalist.
NatWest boss, Alison Rose, will step down after almost four years in the job and more than three decades at the bank as the UK government clamps down on lenders over the “unfair” closure of accounts for political reasons.
The bank’s share price fell more than 3% today.
The UK government holds a stake of around 39% in NatWest, after it bailed out the bank’s then-parent Royal Bank of Scotland during the 2008 financial crisis.
In a statement late Tuesday, Alison rose admitted to making what she called a serious error of judgment in discussing Mr Farage’s relationship with the bank with journalists,” Rose said
Her resignation comes as bank CEOs were called into the UK Treasury Wednesday to address concerns they are terminating accounts because they disagree with customers’ political beliefs
