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City watchdog finds no evidence for recent political 'debanking' – but private banks have been picky for centuries

Summary by The Conversation
Ex-politician Nigel Farage accused his bank of refusing his business because of his political views. Frank 2012/ShutterstockAfter a row over the closure of his bank account earlier this year, former politician Nigel Farage has hit out at the UK financial regulator for saying it has found no recent evidence of customers being “de-banked” over their personal views. Farage believes private bank Coutts closed his account because his political views …

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The Conversation broke the news in on Wednesday, September 20, 2023.
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