Bloomberg Daybreak: Asia Edition cover image

Bloomberg Daybreak Weekend: Fed, BoJ, UK Banks

Bloomberg Daybreak: Asia Edition

00:00

Cootz's Decision to Close a Customer Account on the Basis of Political and Personal Views

Farage: I just hope by coming out in public, I sponsor a very, very big debate about what banks are for. He says he wants everybody to have the right to a bank account and their own business account. A spokesperson for Cootz has given us this statement which is being read here in full. It's not Cootz's policy to close customer accounts solely on the basis of legally held political and personal views,. Decisions to close an account are not taken lightly and involve a number of factors including commercial viability, reputational considerations, and legal and regulatory requirements. We recognize the critical importance of access to banking.

Play episode from 30:46
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app