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Monday, February 23, 2026

Tag: Bankers
October 7, 2024
Jack Montgomery
News

Melania Says She Was Debanked AND Banned From Her Email Provider.

Former First Lady Melania Trump was cut off by a bank and an email service provider upon leaving the White House. Mrs. Trump believes these actions were politically motivated, providing an example of the rising trend of “debanking”, where individuals and organizations are denied essential services due to their political affiliations or opinions.

“The bank suddenly informed me they will not be able to do business with me anymore,” and a “very prominent email distribution service provider just rapidly terminated my agreement,” the former First Lady confirmed during an interview.

Mrs. Trump described how these actions not only affected her personally but also had far-reaching consequences on her charitable work. Political bias has also had a more general impact on her capacity to do good works—for instance, a university initially accepted her donations to support scholarships for foster children but later refused them after realizing she was the funding source. “They didn’t want to do business with me because of my political affiliation,” she said.

Debanking has been used to disrupt many conservatives’ activism and personal lives. For instance, Brexit leader Nigel Farage was debanked by Coutts, a subsidiary of NatWest. The chief executive had to resign after leaking to the BBC that Farage’s account was closed due to insufficient funds.

In addition to being a breach of privacy, this explanation was contradicted by the discovery of a “Stasi-style surveillance report” on Farage by the bank’s so-called “reputation risk committee,” detailing his ties to Donald Trump and vaccine skeptic tennis star Novak Djokovic and his interviews with Alex Jones, among other supposed transgressions.

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Former First Lady Melania Trump was cut off by a bank and an email service provider upon leaving the White House. Mrs. Trump believes these actions were politically motivated, providing an example of the rising trend of "debanking", where individuals and organizations are denied essential services due to their political affiliations or opinions. show more
August 29, 2024
Christopher Tomlinson
Economy
Election 2024
UK

City of London Balks at Kamala Presidency, With Many Preferring Trump.

Top bankers in Britain’s City of London are quietly hopeful that former president Donald J. Trump will be re-elected in November. They believe his economic policies will be far more beneficial to capital markets than a Kamala Harris presidency.

Despite some concerns over Trump’s protectionist stance on some industries and views on the Ukraine war, some in the City see advantages in his laissez-faire finance approach.

Speaking anonymously, a senior U.K. financial lobbyist noted that a Trump presidency might lead to a less restrictive regulatory environment, potentially boosting financial flows across the Atlantic.

The genuine concern in the City is a potential Kamala Harris presidency. Her economic plan includes targeting big businesses, which could be less favorable for the financial sector than Trump’s pro-business stance.

Under Trump, the City also benefited from appointments of industry veterans to key regulatory positions, like Steven Mnuchin at the Treasury and Christopher Giancarlo at the CFTC. This trend could continue, benefiting the financial sector.

A key opportunity for the City would be the inclusion of financial services in a U.S.-U.K. free-trade agreement, a possibility under Trump but unlikely under President Joe Biden or a Harris administration.

Chancellor Rachel Reeves has already signaled a willingness to strengthen U.K.-U.S. financial ties, regardless of who leads the U.S. And with Trump’s recent support for cryptocurrencies, the crypto industry in London sees potential benefits, despite his previous skepticism.

Trump has promised to create a strategic Bitcoin reserve and has earned millions of dollars of cryptocurrency donations throughout the 2024 presidential campaign.

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Top bankers in Britain's City of London are quietly hopeful that former president Donald J. Trump will be re-elected in November. They believe his economic policies will be far more beneficial to capital markets than a Kamala Harris presidency. show more
farage
July 22, 2023
Jack Montgomery
News
UK

Bank Boss Apologizes to ‘Debanked’ Farage, But Won’t Reopen Account.

Dame Alison Rose, chief executive of NatWest bank, has written to Nigel Farage apologizing for her subsidiary Coutts closing the Brexit leader’s account for his associations with Donald Trump, Novak Djokovic, as well as his public criticism of Black Lives Matter and other far-left movements.

The bank initially leaked to the BBC that Farage’s account had been closed for “commercial” reasons, which the publicly-funded broadcaster regurgitated uncritically. The BBC has now accepted this is inaccurate after Farage produced evidence that Coutts debanked him because “his publicly-stated views [are] at odds with our position as an inclusive organization”.

Dame Alison apologized for these “deeply inappropriate comments,” claiming they “do not reflect the view of the bank.”

“I believe very strongly that freedom of expression and access to banking are fundamental to our society and it is absolutely not our policy to exit a customer on the basis of legally held political and personal views,” she said – but an offer to reopen Farage’s shuttered Coutt’s account was explicitly not extended.

Notably, the BBC published its inaccurate report about Farage being debanked for commercial reasons a day after its economics editor Simon Jack, who wrote the report, sat next to Dame Alison at a dinner event. Farage is continuing to press her on whether the CEO herself planted the false story.

“Can I ask you, Dame Alison, was it you? Was it you that breached my private client banking confidentiality? Was it you that told Simon Jack that?” he asked.

“I’m going to find out… I’ve put in another subject access request, this time to NatWest bank and in particular I’m looking for any personal correspondence, Dame Alison, that concerns me,” he added.

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Dame Alison Rose, chief executive of NatWest bank, has written to Nigel Farage apologizing for her subsidiary Coutts closing the Brexit leader's account for his associations with Donald Trump, Novak Djokovic, as well as his public criticism of Black Lives Matter and other far-left movements. show more
July 20, 2023
Jake Welch
News
UK

British Banks May Lose Their Licences for Canceling Right Wingers

The UK government is considering new legislation which would revoke banking licenses from organizations that close accounts of public figures with whom banking executives disagree. This follows the controversy currently surrounding Brexit leader Nigel Farage, whose account was shuttered by the globalist-run Coutts/NatWest.

It will be incumbent on British banks to uphold and protect freedom of expression in return for banking licenses under legislation expected to be announced next week. The government is also discussing new rules that will force banks to provide customers with at least three months’ notice before closing their accounts rather than the current notice period of one month and to provide an “explicit” reason as to why they are closing the account, reports the British newspaper The Times.

“It would be of serious concern if financial services were being denied to anyone exercising their right to lawful free speech,” stated Economic Secretary to the Treasury, Andrew Griffith

“[T]he privilege of a banking license in a democracy should imply a duty not to ‘debank’ because you disagree with someone’s views,” Griffith added.

Farage has pointed to the fact that his former bank was or is run by an anti-Brexit executive, though most British banking executives have remained ardently against Britain leaving the European Union.

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The UK government is considering new legislation which would revoke banking licenses from organizations that close accounts of public figures with whom banking executives disagree. This follows the controversy currently surrounding Brexit leader Nigel Farage, whose account was shuttered by the globalist-run Coutts/NatWest. show more