Anti-Financial Crime & Financial Crime Compliance
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NEWS: HSBC CEO on Farage-Coutts spat: ‘We do not exit clients based on their lawful personal views’

While refusing to discuss details of other banks and their clients, HSBC boss Quinn told CNBC on Tuesday that “our policy is not to debank or exit a client based on their lawful personal views.”

The potential closure of Farage’s account with elite private bank Coutts triggered a heated debate in the U.K. and rocked the domestic banking industry. Farage was originally offered an account at high street bank NatWest as an alternative.

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