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

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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