Natwest

NatWest Group has announced that it has entered into an agreement with Metro Bank to acquire a £3.0 billion portfolio of prime UK mortgages. The portfolio consists of owner occupied residential mortgages with a weighted average current loan to value of c.60%.

NatWest has joined the growing number of UK lenders who have reintroduced 90% mortgages after many banks and buildings societies cut such offerings in the wake of COVID-19. At the beginning of the month, Bank of Scotland owner Lloyds Banking Group announced that it was reintroducing 10% deposit mort

A new survey from NatWest has found that just over a third (31%) of young Brits (aged 18-24) don’t feel financially secure in the current COVID-19 climate. When asked if they felt financially secure, have enough money to live comfortably and afford essential payments (e.g. groceries, utility b

RBS owner NatWest Group has appointed James Close to head up its climate change agenda. James Close, who was director for climate change at the World Bank for four years until 2018, will join the bank in the new year from London Waste and Recycling Board, a partnership between the Mayor of London an

ProBonoSkills.com (PBS) has announced that it will collaborate with NatWest Group on a range of initiatives. In addition, Philip Hall, senior legal counsel in the outsourcing, technology and IP team, will join the PBS Advisory Board.

NatWest Group, formerly known as RBS Group, has been named as the banking sponsor of next year’s COP26 climate summit in Glasgow. The banking group said its sponsorship would demonstrate "its ambition to champion the fight against climate change by playing an active role in the transition to a

Natwest Markets Group has posted a profit of £355 million for the third quarter of this year, beating analysts expectations of a £75m loss. In the second quarter of this year, Natwest posted a loss of £137m and in Q3 last year, it reported a loss of £20m.

Royal Bank of Scotland, part of NatWest Group, has announced the launch of its first ever ‘Green Mortgage’ for customers. The new product will offer a preferential interest rate to new or existing customers who are purchasing an energy-efficient property.

Contactless and card payments will play a significant role in the economic recovery of construction firms in the UK, according to the findings of a survey conducted by NatWest's payment partner Tyl. More than a quarter, (29%) of British SMEs in the construction industry have reported that all paymen

Royal Bank of Scotland owner NatWest has launched a package of new initiatives to encourage customers to take control of their carbon emissions.

Shire Housing Association has obtained a £10.5 million funding package from Royal Bank of Scotland to refinance existing debt, enable future expansion plans and enhance existing office and tenant facilities.

NatWest Group has announced that it will be cutting 550 jobs in branches across the UK and closing one of its remaining offices in London. The bank, formerly known as RBS, said the cuts would be made through voluntary redundancies and said that there would be no branch closures.

NatWest Group is to get rid of several top bankers as part of a dramatic overhaul of its investment bank, Natwest Markets as chief executive Alison Rose attempts to cut ties with the bank's past. The bank formerly known as Royal Bank of Scotland, majoratively-owned by taxpayers, is expected to tell

NatWest Group has allocated an extra £2.8 billion to cover potential losses from an increase in bad loans issued during the coronavirus crisis. The bank's interim results have revealed that NatWest has suffered an operating loss before tax of £770 million compared to the bank's £2.

NatWest Group has announced that Baroness Noakes DBE will step down as a non-executive director at close of business today. Morten Friis will succeed Baroness Noakes as chairman of the Group Board Risk Committee with effect from 1 August 2020.