Anger Over Adam & Co Gbp40 Charge

Summary


EDINBURGH-based private bank Adam & Co faces a backlash from angry customers after telling them to pay GBP40 a month for their current account unless they hold savings, investments and borrowings of GBP250,000 or more.

Customers of the RBS-owned firm learned of the change last week as the company was rocked by the resignation of its managing director, David Cathie.

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Extract


Anger Over Adam & Co Gbp40 Charge

Cathie left the company on 2 September after five years at the helm. Kerry Falconer, its head of pri...

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