Natwest

NatWest Group is on the verge of returning to full private ownership for the first time in nearly 17 years, following a significant reduction in the UK government's shareholding. The Treasury has recently sold a further tranche of shares, decreasing its stake from 1.98% to just 0.9%.

NatWest Group posted a strong start to the year, with first-quarter operating profits before tax jumping 36% to £1.8 billion, significantly beating analyst expectations. This performance was driven by increased deposits and mortgage lending, the latter boosted by buyers finalising purchases be

The UK government's shareholding in NatWest Group has fallen below 3%, marking a significant milestone in returning the bank to full private ownership following its £46 billion bailout during the 2008 financial crisis. The Treasury's stake, now at 2.99%, has been reduced through an ongoing tra

The UK government has relinquished its position as RBS-owner NatWest Group's largest shareholder, with its stake falling below 6% on Friday. This marks a significant milestone in the bank's journey back to full private ownership, more than 16 years after its taxpayer-funded bailout during the 2008 f

NatWest has announced a rise in annual profits, boosted by loan growth, improved margins, and low default rates, despite a weakening UK economy in the latter half of the year. The bank reported net income of £4.8 billion, up from £4.6bn the previous year.

RBS-owner NatWest Group has appointed Lena Wilson as its new senior independent director, succeeding Mark Seligman who will retire on March 31 2025. Ms Wilson, who also chairs the bank's performance & remuneration committee, previously served as chief executive of Scottish Enterprise.

Aberdeen-headquartered clean energy group D2Zero has secured a new £150 million lending facility from a group of banks. OakNorth, HSBC, NatWest and Virgin Money are among the lenders, as well as existing backer SCF Partners.

NatWest has banned employees from using WhatsApp and other messaging apps like Skype and Facebook Messenger on work devices.

RBS-owner NatWest Group has repurchased £1 billion worth of its shares from the UK government, further reducing the Treasury's stake in the bank from 14.2% to 11.4%. This marks a significant reduction in the Treasury's holding, which stood at approximately 38% in December 2023. The government

NatWest Group has posted a 26% jump in third-quarter profits to £1.7bn, exceeding expectations and raising its income forecast for the year. This strong performance comes despite a challenging UK economic outlook and follows a trend of positive results from other major UK banks.

Business activity among UK SMEs in the construction sector has expanded in the third quarter of the year with the NatWest SME Business Activity Index recording 55.1 in September.

The UK government's stake in RBS-owner NatWest Group has been further reduced from 18.99% to 17.97%. The Treasury's sale of the shares comes after the new Labour government decided it will no longer go forward with plans for a public offering of the government's remaining stake to retail investors.

The new UK government has cancelled a planned retail share sale of its remaining stake in Royal Bank of Scotland-owner NatWest.

NatWest Group's shares surged to 7.5% in Friday's morning trading after the bank reported positive first-half results, raised its annual outlook, and announced a £2.5 billion mortgage portfolio acquisition from Metro Bank. Despite a 7.7% drop in total income to £7.13 billion, NatWest's p

The UK government's shareholding in RBS-owner NatWest Group has dropped below 20% for the first time since its bailout in 2008.