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.

RBS-owner NatWest Group has agreed to buy a significant portion of Sainsbury's banking business. The banking group will acquire approximately £2.5 billion of gross customer assets, comprising £1.4bn of unsecured personal loans and £1.1bn of credit cards balances, together with appr

RBS-owner NatWest Group has bought back a further £1.24 billion worth of its own shares from HM Treasury. This works out to 392.4 million shares bought back from the government at 316.2p per share, and, combined with HMT’s ongoing trading plan, reduces government ownership in the bank to

Government plans to launch an offering of NatWest shares to the general public have been derailed by the imminent general election.

Public ownership in NatWest Group, owner of the Royal Bank of Scotland, has dipped below 27% for the first time since its bailout in 2008. The Treasury disclosed the sale of 0.98% of its shares, reducing its holding to 26.95%, as part of an ongoing trading plan.

NatWest has recently made waves by facilitating its first "mass market" commercial loan backed by intellectual property (IP).

NatWest Group, has announced a significant dip in first-quarter profits, reflecting challenges across the banking sector as interest rates settle.

RBS-owner NatWest has been criticised for paying its new chief executive, Paul Thwaite, a salary of £1.2 million despite his "limited experience" as a lead executive. Advisory firm Institutional Shareholder Services (ISS) warned that Mr Thwaite's salary would be the same as that of his predece

Royal Bank of Scotland, as part of NatWest Group, has unveiled a £5 billion lending package to bolster the social housing sector over the next three years. The ambition, spanning from January 2024 to the end of 2026, aims to support local housing authorities and associations in delivering and

NatWest, operating as the Royal Bank of Scotland in Scotland, has confirmed the appointment of Paul Thwaite as permanent CEO as it reports its strongest financial results since the 2008 financial crisis. The bank exceeded expectations by posting a pre-tax profit of £6.2 billion for 2023, marki

It has been revealed that the former CEO of RBS-owner NatWest Group, Dame Alison Rose will forfeit the majority of her £10 million potential payout following the scandal involving the closure of Nigel Farage's account at the bank's subsidiary, Coutts. Ms Rose, who resigned in July after b

Royal Bank of Scotland-owner NatWest's share price took a sharp dive, marking their most significant drop since the Brexit referendum, following the bank's lowered profit forecast for the year. This decline was further compounded by the release of a highly scrutinised report by Travers Smith law fir

NatWest Group has published the key findings and recommendations from Phase I of the Travers Smith independent review. The review was commissioned by the board in July and covers the decision to close the Coutts accounts of Nigel Farage (Review 1) and the circumstances surrounding a potential breach

Dame Alison Rose, the former CEO of Natwest, is poised to receive a payout of around £2.4 million, just a month after her controversial resignation from the bank. The departure was precipitated by a contentious incident involving the closure of an account held by Nigel Farage at Coutts, a subs