Date: 2025-05-19 Page is: DBtxt003.php txt00025097
UK BANKING
NATWEST
Times Radio: Former partner of 'Putin's banker' has NatWest account closed without explanation
NATWEST
Times Radio: Former partner of 'Putin's banker' has NatWest account closed without explanation
Original article: https://www.youtube.com/watch?v=rg5cFa3N_vQ
Peter Burgess COMMENTARY
I have had a NatWest bank account since 1950 when I was 10 years old. My father was a schoolmaster, but my many uncles and aunts worked in banking mostly at the National Provincial Bank that merged a long time ago with the Westminster Bank to form NatWest.
There was a time in the 1980s and 1990s when I was working in a lot of remore places around the world that I got stellar service from the bank ... but around 2000 this all changed, and for the past 20+ years their customer service has been abysmal.
I am neirher a high profile nor a high net worth client, but I am an old loyal customer. I watched this Times Radio interview with a lot of interest. It annoys me how the banking industry has been behaving in recent times ... actually for more than 30 years. I refer to 'financialization' as being one of the most important structural weaknesses in the modern Western world, and this relatively brief story confirms another dimension of my many concerns.
Peter Burgess
Times Radio
Jul 28, 2023
460K subscribers ... 16,869 views ... 549 likes
#TimesRadio
'It said that I lived in Monaco and I was married to a Russian oligarch. I said, neither of these are true.'
Countess Alexandra Tolstoy tells #TimesRadio she’s been “tortured” for months after NatWest closed her bank account without explanation. But she suspects she’s been classified as a ‘politically exposed person’ due to her former relationship with Russian oligarch Sergei Pugachev – known to some as ‘Putin’s banker’.
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