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
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
Following a tumultuous week that saw two of its chief executives resign, Natwest (NWG) has reported a strong interim performance for the first half of 2023, with total income rising from £6.22 billion to £7.73bn year-on-year, and net interest income increasing to £5.73bn from &pou
Alison Rose, CEO of NatWest, has resigned following a row involving Nigel Farage, the former UK Independence Party leader and current GB News host. The row centred around the decision of Coutts, NatWest's private banking business, to close Mr Farage's account, allegedly due to his political vie
Fintech firm Ferovinum has sealed a landmark £100 million deal with NatWest and BCI Capital, marking a transformation in capital deployment within the UK wine and spirits industry. This is the first time NatWest has led portfolio funding arrangements for a wine and spirits inventory finance pl
The Royal Bank of Scotland owner, NatWest Group, and the University of Edinburgh have announced a five-year strategic partnership establishing the Centre for Purpose-Driven Innovation in Banking.
NatWest Group plc has agreed to an off-market purchase of 469.2 million of its shares from HM Treasury, amounting to £1.26 billion in consideration.
Natwest Group has reported a Q1 pretax operating profit of £1.8 billion, significantly surpassing analysts' expectations of £1.6bn and marking a more than 50% increase from the £1.2bn recorded during the same period last year.
Over 8,000 Royal Bank of Scotland bank staff could lose tens of thousands of pounds in inflation-secured pension payments due to what has been labelled an executive 'error'.
Unite the Union has revealed that the UK's four big banks, how banks have already made billions in extra profit from interest rate rises.
Goodstone Living has agreed £67 million of debt financing with Natwest for the development of its next generation build-to-rent residential community in Edinburgh.
Royal Bank of Scotland owner NatWest Group's CEO is has received £5.25 million in compensation for 2022 as the bank reported profits of £5.1 billion, the highest since before the financial crisis. Attributable profit was up to £3.3bn for the year ended 31 December 2022 fr
In collaboration with Scottish fintech Inbest, NatWest Group has launched a benefits calculator for its customers.
In today's results NatWest revealed a £1.1 billion profit before tax in its Q3 results for the three months ended 30 September 2022. This is an increase of £110 million, or 11.2%, from £976m for Q3 2021. Similarly to Bank of Scotland owner Lloyds' outlook, the bank has predict