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Coutts VS Nigel Farage


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Yellow Card - User has been warned of conduct on the messageboards georgenorman Flag 01 Aug 23 6.53am

Originally posted by Wisbech Eagle

As individuals, of course they do. Some may be admirers of Farage.

Those though all need to be left at home when tasked with determining how to achieve the objectives of the bank. Objectives that will be defined by the Board and implemented by senior management.

It’s no different to a Palace player who supports Brighton and has done all his life. He is a professional and cannot allow personal feelings to cloud his mind when doing his job.

It is unsubstantiated spin to suggest that Coutts board members are admirers of Farage.

The objectives of Coutts bank is stated in their mission statement and can be summarised as helping to make rich so-and-sos richer:

"Exceptional service tailored to each client’s needs sits at the very heart of Coutts. The private bank adopts a personal and innovative approach to helping those with wealth to save, borrow and invest their money for themselves, their families and their future. Its people strive to provide the ‘human touch’ every step of the way, supported by technology that makes it easier for clients to manage their ever-changing needs.
Having helped affluent people for over three centuries, Coutts understands what it means to be wealthy – the opportunities it brings and the challenges it creates. Its experts are therefore ideally positioned to become trusted partners to their clients, helping them make the most of their money today and for years to come.
From day-to-day banking to bespoke borrowing, from philanthropy to the family business, Coutts helps its clients thrive. It’s a firm believer in sustainability, and keeps its clients informed on how it’s doing right by both people and planet.
The bank also opens doors to many unique opportunities for its clients, through its strong network of influential people, powerful insight into today’s hot topics and carefully curated events.
Eligibility criteria, fees and charges apply.”

 

Teddy Eagle Flag 01 Aug 23 7.31am

Originally posted by Wisbech Eagle

As individuals, of course they do. Some may be admirers of Farage.

Those though all need to be left at home when tasked with determining how to achieve the objectives of the bank. Objectives that will be defined by the Board and implemented by senior management.

It’s no different to a Palace player who supports Brighton and has done all his life. He is a professional and cannot allow personal feelings to cloud his mind when doing his job.

As previously posted he appears to have more admirers than detractors.

[Link]

 

Wisbech Eagle Flag Truro Cornwall 01 Aug 23 8.14am

Originally posted by Eden Eagle


WE - if, for example, South West Water took a “business decision” to close your account and not supply you with any water would that be acceptable to you?

Water companies are public utilities and required by law to maintain service. Banks are 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.

Wisbech Eagle Flag Truro Cornwall 01 Aug 23 8.23am

Originally posted by georgenorman

What a hypocrite Wisbelch is. Supports Coutts in closing bank accounts because of political/social views, yet did not support Ashers when they closed down an order because of political/social views.

Are you still banging on about that?

I have already, very patiently, explained the difference between a business which openly discriminates because of the personal views of their owners and one which takes decisions on threats of perceived reputational damage.

If the Asher’s core customer base was evangelical Christians opposed to gay marriage then refusing an order which promoted it could be defended on the basis it could damage their reputation. Refusing one because of personal objections is discriminatory.

 


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.

Badger11 Flag Beckenham 01 Aug 23 8.26am

Originally posted by Wisbech Eagle

Water companies are public utilities and required by law to maintain service. Banks are not.

Banks just do what they like and when they go bust expect the taaxpayer to shut up and bail them out.

So yeah I do think they have a public responsibility otherwise next time they get into trouble we should let them sink just like the cornershop.

 


One more point

Yellow Card - User has been warned of conduct on the messageboards georgenorman Flag 01 Aug 23 8.27am

Originally posted by Wisbech Eagle

Are you still banging on about that?

I have already, very patiently, explained the difference between a business which openly discriminates because of the personal views of their owners and one which takes decisions on threats of perceived reputational damage.

If the Asher’s core customer base was evangelical Christians opposed to gay marriage then refusing an order which promoted it could be defended on the basis it could damage their reputation. Refusing one because of personal objections is discriminatory.

Certainly Ashers could think that their reputation would be damaged by promoting homosexual marriage that was not even a legally recognised charade at the time.

 

Wisbech Eagle Flag Truro Cornwall 01 Aug 23 8.28am

Originally posted by Hrolf The Ganger

Don't be ridiculous man. Your pedantry won't save you on this one.

Where should this protection of reputation end?

Doctors, dentists, supermarkets, insurance, car dealers?

You know full well that this kind of behaviour runs counter to everything that our culture believes in. It is a cancer infecting our society.

But then you promote the replacement of our culture, so why should we be surprised by your attitude? That is a rhetorical question.

That’s for the bank to assess. It’s their business. Not yours or mine. I don’t think it’s likely that your examples will be regarded as threats, but it’s not up to me.

 


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.

Wisbech Eagle Flag Truro Cornwall 01 Aug 23 8.31am

Originally posted by georgenorman

Certainly Ashers could think that their reputation would be damaged by promoting homosexual marriage that was not even a legally recognised charade at the time.

They could, but they didn’t make that case. They made it only on their personal beliefs. That’s discrimination.

 


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.

Wisbech Eagle Flag Truro Cornwall 01 Aug 23 8.33am

Originally posted by Badger11

Banks just do what they like and when they go bust expect the taaxpayer to shut up and bail them out.

So yeah I do think they have a public responsibility otherwise next time they get into trouble we should let them sink just like the cornershop.

There may well come a time when defining them as a public utility happens. Not at the moment though.

 


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.

Wisbech Eagle Flag Truro Cornwall 01 Aug 23 8.37am

Originally posted by NEILLO

I’ve sat on many a Risk Committee in a number of banks and you are wrong.

That some people might allow their personal views to influence their professional ones would be a failure of supervision. Not of the principles involved.

 


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.

Forest Hillbilly Flag in a hidey-hole 01 Aug 23 8.37am

"Mr Farage said the new boss of Coutts had written to him to say he could keep the accounts.

Coutts and its parent company NatWest have been embroiled in a row with Mr Farage, which last week led to resignations at the top of both banks.

NatWest said it could not comment on individual customers." (BBC website)

Absolutely hilarious, the hypocrisy. I bet Dame Alison Rose receives a nice pay-off, as she resigned before she was sacked. If this was a bank teller making a fundamental error, it would be instant dismissal and probably nothing , as it's gross misconduct.
Reward for failure, yet again,....we'll see

Edited by Forest Hillbilly (01 Aug 2023 8.39am)

 


I disengage, I turn the page.

Yellow Card - User has been warned of conduct on the messageboards georgenorman Flag 01 Aug 23 8.39am

Originally posted by Wisbech Eagle

They could, but they didn’t make that case. They made it only on their personal beliefs. That’s discrimination.

That's totally irrelevant, they didn't have to make that case. They were charged with discriminating against the homosexual-rights agitator because he was a homosexual. Clearly they were not doing that and the Supreme Court agreed.

 

Wisbech Eagle Flag Truro Cornwall 01 Aug 23 8.42am

Originally posted by georgenorman

It is unsubstantiated spin to suggest that Coutts board members are admirers of Farage.

The objectives of Coutts bank is stated in their mission statement and can be summarised as helping to make rich so-and-sos richer:

"Exceptional service tailored to each client’s needs sits at the very heart of Coutts. The private bank adopts a personal and innovative approach to helping those with wealth to save, borrow and invest their money for themselves, their families and their future. Its people strive to provide the ‘human touch’ every step of the way, supported by technology that makes it easier for clients to manage their ever-changing needs.
Having helped affluent people for over three centuries, Coutts understands what it means to be wealthy – the opportunities it brings and the challenges it creates. Its experts are therefore ideally positioned to become trusted partners to their clients, helping them make the most of their money today and for years to come.
From day-to-day banking to bespoke borrowing, from philanthropy to the family business, Coutts helps its clients thrive. It’s a firm believer in sustainability, and keeps its clients informed on how it’s doing right by both people and planet.
The bank also opens doors to many unique opportunities for its clients, through its strong network of influential people, powerful insight into today’s hot topics and carefully curated events.
Eligibility criteria, fees and charges apply.”

You are again not either reading or understanding what was written and wasting people’s time.

I didn’t say the Coutts Board are admirers of Farage. I said that whoever is involved might be, on a personal level, but that ought not impact them from doing their job.

 


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.

Teddy Eagle Flag 01 Aug 23 8.44am

Originally posted by Forest Hillbilly

"Mr Farage said the new boss of Coutts had written to him to say he could keep the accounts.

Coutts and its parent company NatWest have been embroiled in a row with Mr Farage, which last week led to resignations at the top of both banks.

NatWest said it could not comment on individual customers." (BBC website)

Absolutely hilarious, the hypocrisy. I bet Dame Alison Rose receives a nice pay-off, as she resigned before she was sacked. If this was a bank teller making a fundamental error, it would be instant dismissal and probably nothing , as it's gross misconduct.
Reward for failure, yet again,....we'll see

Edited by Forest Hillbilly (01 Aug 2023 8.39am)

If the intention behind all this really was to avoid reputational damage they've just smacked in an own goal with Carragher-like precision.

 

NEILLO Flag Shoreham-by-Sea 01 Aug 23 8.46am

Originally posted by Wisbech Eagle

That some people might allow their personal views to influence their professional ones would be a failure of supervision. Not of the principles involved.

I didn’t say that or even insinuate it.

You have no clue as to the workings of a Risk Committee in the Banking industry, as you continue to demonstrate.

 


Old, Ungifted and White

Yellow Card - User has been warned of conduct on the messageboards georgenorman Flag 01 Aug 23 8.47am

Originally posted by Wisbech Eagle

You are again not either reading or understanding what was written and wasting people’s time.

I didn’t say the Coutts Board are admirers of Farage. I said that whoever is involved might be, on a personal level, but that ought not impact them from doing their job.

Wasting people's time?! Heaven forbid!

I didn't say that you said the Coutts Board are admirers of Farage, I said that you suggested it.

 

Wisbech Eagle Flag Truro Cornwall 01 Aug 23 8.47am

Originally posted by georgenorman

That's totally irrelevant, they didn't have to make that case. They were charged with discriminating against the homosexual-rights agitator because he was a homosexual. Clearly they were not doing that and the Supreme Court agreed.

I knew you wouldn’t understand. The SC overturned the decisions of 2 lower Courts on points of law. We have been through this several times. I am not going to get into it again. If you don’t get it now you never will.

 


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.

Wisbech Eagle Flag Truro Cornwall 01 Aug 23 8.48am

Originally posted by georgenorman

Wasting people's time?! Heaven forbid!

I didn't say that you said the Coutts Board are admirers of Farage, I said that you suggested it.

I didn’t. You assumed it.

 


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.

Yellow Card - User has been warned of conduct on the messageboards georgenorman Flag 01 Aug 23 8.50am

Originally posted by Wisbech Eagle

I knew you wouldn’t understand. The SC overturned the decisions of 2 lower Courts on points of law. We have been through this several times. I am not going to get into it again. If you don’t get it now you never will.

Ashers were charged with discriminating against a homosexual-rights agitator because of his homosexuality. They were found to be innocent of the charge. The key 'point of law' is that they were found not guilty, therefore they did not discriminate as charged - all your waffle and spin does not change that.

Edited by georgenorman (01 Aug 2023 8.51am)

 

Wisbech Eagle Flag Truro Cornwall 01 Aug 23 8.50am

Originally posted by NEILLO

I didn’t say that or even insinuate it.

You have no clue as to the workings of a Risk Committee in the Banking industry, as you continue to demonstrate.

OK. Explain how they work, with particular emphasis on how those involved separate their personal beliefs from their professional responsibilities.

 


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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