HSBC CEO on Farage-Coutts spat: ‘We do not exit purchasers primarily based on their lawful personalized views’

Critical Points

Although refusing to explore specifics of other banking institutions and their consumers, HSBC manager Quinn informed CNBC on Tuesday that “our policy is not to debank or exit a client primarily based on their lawful private views.”
The prospective closure of Farage’s account with elite non-public bank Coutts triggered a heated discussion in the U.K. and rocked the domestic banking field.
Farage was originally available an account at large street financial institution NatWest as an choice.

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