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Hrolf The Ganger 31 Jul 23 12.39pm | |
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Originally posted by Wisbech Eagle
Untrue. This thread is about the closure of Farage's account by Coutts. As Farage and Brexit are uniquely linked his activity during that period it is inevitably going to be referred to at some point. It has nothing to do with any opinion of me. Or the left. Or the Tory party. Or Starmer. Or the closure of bank accounts because of political opinions. Just the closure of Farage's account by Coutts, which was for reputational reasons. Which is code for cancelling people for wrong think.
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Badger11 Beckenham 31 Jul 23 12.42pm | |
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Originally posted by Teddy Eagle
It is true and it's not Farage's fault that Barclays decided their £100,000,000 a week profits weren't enough to cover a service for their customers. And that was my point Teddy. If banks had their way probably many of us would not have accounts as we are not deemed profitable, so they look for any opportunity to close accounts or branches. Brexit did not force banks to close the accounts of non domiciles but I expect they looked at the value of those clients and decided it was a good opportunity to get rid and blame Brexit.
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Teddy Eagle 31 Jul 23 1.14pm | |
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Originally posted by Badger11
And that was my point Teddy. If banks had their way probably many of us would not have accounts as we are not deemed profitable, so they look for any opportunity to close accounts or branches. Brexit did not force banks to close the accounts of non domiciles but I expect they looked at the value of those clients and decided it was a good opportunity to get rid and blame Brexit. Quite. At least Coutts have the option of refusing an account to anyone who doesn't either have or owe millions.
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HKOwen Hong Kong 31 Jul 23 2.21pm | |
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Originally posted by Teddy Eagle
How is it not true about Private Godfrey in the White House? Godfrey's character was a war hero, please don't stain him with a Biden comparison
Responsibility Deficit Disorder is a medical condition. Symptoms include inability to be corrected when wrong, false sense of superiority, desire to share personal info no else cares about, general hubris. It's a medical issue rather than pure arrogance. |
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Wisbech Eagle Truro Cornwall 31 Jul 23 3.55pm | |
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Originally posted by Teddy Eagle
Their impact may have been regional but it resulted in the deaths of hundreds of thousands, in some cases many millions, of people. I don't remember ever being worried about a nuclear disaster caused by any of them, other than Trump. They were appalling despots who created much misery in their countries which, of course, deserves the strongest condemnation. Despots have existed throughout history. The impact of Trump is though on another level internationally. You of course have a point though, which is acknowledged. It depends how you look at such things.
For the avoidance of doubt any comments in response to a previous post are directed to its ideas and not at any, or all, posters personally. |
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Teddy Eagle 31 Jul 23 3.59pm | |
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Originally posted by Wisbech Eagle
I don't remember ever being worried about a nuclear disaster caused by any of them, other than Trump. They were appalling despots who created much misery in their countries which, of course, deserves the strongest condemnation. Despots have existed throughout history. The impact of Trump is though on another level internationally. You of course have a point though, which is acknowledged. It depends how you look at such things. That's fair enough.
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Wisbech Eagle Truro Cornwall 31 Jul 23 3.59pm | |
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Originally posted by Hrolf The Ganger
Which is code for cancelling people for wrong think. Only to people who see deviousness around every corner. Banks don't have opinions. They aren't people. They have objectives. To reach them they may assess what the opinions of their customers are likely to be.
For the avoidance of doubt any comments in response to a previous post are directed to its ideas and not at any, or all, posters personally. |
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Wisbech Eagle Truro Cornwall 31 Jul 23 4.09pm | |
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Originally posted by Badger11
And that was my point Teddy. If banks had their way probably many of us would not have accounts as we are not deemed profitable, so they look for any opportunity to close accounts or branches. Brexit did not force banks to close the accounts of non domiciles but I expect they looked at the value of those clients and decided it was a good opportunity to get rid and blame Brexit. That is not what every report I have read suggests. Some were able to find a way, others could not.
For the avoidance of doubt any comments in response to a previous post are directed to its ideas and not at any, or all, posters personally. |
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Wisbech Eagle Truro Cornwall 31 Jul 23 4.13pm | |
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Originally posted by the silurian
not Santander, wrong again.....getting to be a habit,isnt it? As I didn't suggest you held a Santander account, merely that I think they were a bank able to find a workaround, I regret to tell you that it's you who is wrong. Again!
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Badger11 Beckenham 31 Jul 23 4.22pm | |
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Originally posted by Wisbech Eagle
That is not what every report I have read suggests. Some were able to find a way, others could not. I stand by what I said. The banks did not have to close the accounts that chose to do so. Edited by Badger11 (31 Jul 2023 4.22pm)
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the silurian The garden of England.(not really) 31 Jul 23 4.43pm | |
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Originally posted by Wisbech Eagle
As I didn't suggest you held a Santander account, merely that I think they were a bank able to find a workaround, I regret to tell you that it's you who is wrong. Again! you are wrong once again, so glad you went on a cruise!
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NEILLO Shoreham-by-Sea 31 Jul 23 4.46pm | |
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Originally posted by Wisbech Eagle
Only to people who see deviousness around every corner. Banks don't have opinions. They aren't people. They have objectives. To reach them they may assess what the opinions of their customers are likely to be. You've summed yourself up pretty well there in terms of your views on Farage. As for Coutts, let's take a look at some of their website content. ''Coutts clients are trailblazers and pioneers, the disrupters and challengers who help to shape the fabric of UK society. ''Wealth management for people doing things their own way. '' They may need to get their PR people onto that. Banks don't have opinions ? - Not so. This is a direct quote from the minutes of Coutts Wealth Management Risk Committee meeting in which it was said - ''from a meeting of the bank's Wealth Reputational Risk Committee on 17 November 2022, describing Farage as a "disingenuous grifter" who promoted "xenophobic, chauvinistic and racist views", and said his "views were at odds with our position as an inclusive organisation", with "risk factors including... controversial public statements which were felt to conflict with the bank’s purpose" - That is their opinion - it does not make it fact. As for a Bank's objectives, that's pretty simple. Provide Banking Services to the public. Achieve maximum value to its Shareholders. Ensure Controls and Governance are fit for purpose and are robust enough to mitigate Financial Crime. The NatWest Group, in an attempt to distance themselves from the recent past, decided to go all '' cuddly '' as a Financial journalist described them in The Times at the weekend. I have to admit that I laughed out loud when they re-branded from RBS Group to NatWest. Because I suggested they do that at a Management meeting in London a couple of days after Goodwin and Co. had brought RBS to its knees back in 2008. It was met with predictable outrage from the most delusional and arrogant people I had the misfortune to work with.
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