NatWest Group Chief Executive Alison Rose has stepped down after her conversation with a journalist about an outspoken Brexit campaigner engulfed the bank in a political drama.
The move came less than a day after Rose admitted “a serious error of judgment” in talking to a journalist about the decision by Coutts, a NatWest subsidiary that caters to the rich, to close the account of Nigel Farage, a well-known and divisive political figure in the U.K.