NatWest boss Dame Alison Rose has resigned hours after admitting she had made a mistake in speaking about Nigel Farage’s relationship with the bank.
She had been heavily criticised for being the source of an inaccurate BBC report about Mr Farage’s account at Coutts, which is part of NatWest Group.
The announcement came just hours after NatWest said it had full confidence in her in continuing to lead the bank.
Dame Alison had admitted a “serious error of judgment”.
In a statement released early on Wednesday morning, NatWest Group chairman Sir Howard Davies said: “The board and Alison Rose have agreed, by mutual consent, that she will step down as chief executive of the NatWest Group.