UK govt stake in NatWest-RBS cut to 38.69%
NatWest Group — the bank formerly known as RBS — has agreed to buy £1.26 billion worth of its shares back from the UK government as…
NatWest Group — the bank formerly known as RBS — has agreed to buy £1.26 billion worth of its shares back from the UK government as…
Shares of NatWest Group, formerly known as RBS, fell as much as 6% on Friday after it announced its first quarter pretax operating profit soared 49% to £1.8…
NatWest Group chair Howard Davies told the company’s AGM at its Gogarburn, Edinburgh, HQ on Tuesday that he will step down by July 2024 at…
A number of major UK corporations including NatWest, John Lewis, Virgin Media O2 and insurers Phoenix, Zurich and Aviva quit the Confederation of British Industry…
Hedge fund Marshall Wace has taken a £155.6 million short position against NatWest Group, the bank formerly known as RBS. Bloomberg reported that the bet…
UK Government Investments Ltd (UKGI) is extending a trading plan to help sell down the taxpayer’s stake in NatWest Group by another two years as it…
NatWest Group — formerly called RBS — said it is “increasing customer protection against crypto-criminals” after £329 million was lost by consumers last year. NatWest…
NatWest Group — formerly known as RBS — said its operating profit before tax rose 33% to £5.1 billion in 2022 as its total income rose…
NatWest Group — formerly known as RBS — announced it has agreed to acquire 85% of Cushon, a Net Zero workplace savings and pensions fintech, for…
NatWest-RBS has announced that it will immediately stop all reserve-based lending for new customers financing oil and gas exploration and extraction, before phasing it out entirely…
NatWest Group plc announced that Stuart Lewis will be appointed as an independent non-executive director and member of its group board risk committee on April…
Shares of NatWest Group fell as much as 9% on Friday after the bank, formerly known as RBS, warned of rising costs and as its third-quarter results…
NatWest Group plc has announced a “strategic partnership” with the Vodeno Group which will see the creation of a “Banking-as-a-Service” (BaaS) business in the UK….
Former Scottish Enterprise CEO Lena Wilson will become the new chair of NatWest Group’s Performance and Remuneration Committee. In a stock exchange statement NatWest, formerly…
Shares of wealth manager Quilter rose 15% on Monday after weekend reports in London newspapers that NatWest-RBS is considering making a bid to buy the listed…
Shares of NatWest Group, formerly the Royal Bank of Scotland Group, rose as much as 9% on Friday after it announced it would pay an…
The UK government’s trading plan to sell the taxpayers’ remaining shareholding in NatWest Group, formerly the Royal Bank of Scotland Group plc, has been extended…
NatWest Group plc, formerly called RBS, announced that it will hold a tender process for the role of its external auditor in line with the requirements…
Shares of NatWest Group, the bank formerly known as RBS, fell as much as 5% on Friday despite the company announcing that its first-quarter operating…
The chairman of NatWest Group, the bank formerly known as RBS, told shareholders at the company’s AGM in Edinburgh on Thursday that the company “deeply…
NatWest Group, the bank formerly known as RBS, has finally returned to a majority private ownership 14 years after its £46 billion bailout by UK…
NatWest Group plc — the bank formerly known as RBS — announced it will hold its Annual General Meeting at the group’s Gogarburn headquarters on the…
NatWest Markets Plc has announced that its director of finance Simon Lowe will take on the role of interim chief financial officer (CFO) for NatWest…
NatWest Group plc — the bank formerly known as RBS — has reported pre-tax profit of £4 billion for the 2021 calendar year compared to a…
NatWest Group — the bank formerly known as RBS — has announced the appointment of Raghu Narula as Managing Director, Customer Engagement & Distribution, within…
NatWest Group, the bank formerly known as Royal Bank of Scotland, has appointed ex-Linklaters boss Gideon Moore as chief legal officer and general counsel. Moore…
NatWest Markets Plc said on Tuesday it has pleaded guilty in United States Federal Court to one count of wire fraud and one count of…
NatWest Group plc — formerly known as RBS — is set to take a 16.66% stake in Ireland’s Permanent TSB (PTSB) after the Irish bank…
The UK’s Financial Conduct Authority (FCA) said on Monday afternoon that National Westminster Bank Plc (NatWest) has been fined £264.8 million following convictions for three…
NatWest-RBS said on Friday its operating profit before tax more than tripled to £1.074 billion in the third quarter and total income rose 14.5% to £2.77 billion. However,…
Natwest-RBS said on Wednesday it is planning to increase lending linked to sustainable and climate-related finance to £100 billion by 2025. The pledge comes ahead…
NatWest said on Thursday it has pleaded guilty to three offences of money laundering between 2012 and 2016 “in relation to the accounts of a…
NatWest Group has announced that Coutts, its wealth manager and private bank, is launching in Scotland. Coutts in Scotland will be led by Alisdair Dewar…
Legal & General said it has entered a 15-year joint venture partnership with NatWest Pension Trustee Limited (NWPTL) to invest £500 million of equity to…
NatWest Group plc, formerly known as RBS, said on Friday it will aim to distribute a minimum of £1 billion a year to shareholders via a…
NatWest Group plc — formerly known as RBS — said on Friday it is making progress with its phased withdrawal from the Republic of Ireland…
The UK Government on Thursday unveiled a plan to return NatWest-RBS to majority private ownership within a year. The UK taxpayer still owns 54.7% of NatWest-RBS…
NatWest Group plc (NWG) said credit rating agency Moody’s Investors Services has upgraded a number of ratings across the group. The banking group said Moody’s upgraded the…
Natwest-RBS has capped the daily amount its customers can send to cryptocurrency exchanges — including the Binance platform — because of concerns over investment scams and…
NatWest Group’s Ulster Bank said on Monday it agreed to sell most of its commercial lending business in the Republic of Ireland to Allied Irish Banks…
The UK’s Competition and Markets Authority (CMA) has issued a warning to Monzo, NatWest Group, Virgin Money and Bank of Ireland after the banks breached a…
NatWest-RBS said on Tuesday it expects only about 13% of its staff to return to primarily office-based working as it revealed a three-pronged approach to post-pandemic…
The UK Treasury and UK Government Investments Limited (UKGI) have undertaken to the bookrunners of the latest sale of shares in NatWest-RBS “not to sell…
The UK government announced on Monday its intention to sell another 5% of the shares the UK taxpayer still owns in NatWest Group plc, formerly…
NatWest Group, formerly known as Royal Bank of Scotland, said in a trading update on Thursday its customer deposits increased to £453.3 billon in the first…
NatWest Group, formerly known as Royal Bank of Scotland, said on Friday it will buy back 590.7 million of its shares for £1.1 billion from the…
The UK’s Financial Conduct Authority (FCA) announced on Tuesday it has commenced criminal proceedings against National Westminster Bank Plc (NatWest) — formerly Royal Bank of…
NatWest Group — formerly known as RBS — said on Friday it intends to begin a phased withdrawal for its Ulster Bank business from the Republic…
Shares of NatWest Group — formerly known as RBS — rose about 4% on Friday after it announced that its 2020 loss was smaller than…
NatWest-RBS is in talks to offload private banking subsidiary Adam & Co, according to a report on Sky News. NatWest-RBS is working with Evercore, the…
Metro Bank said on Tuesday it completed the sale of a £3 billion residential mortgage portfolio to NatWest Group plc. “Further to Metro Bank’s announcement…
Metro Bank on Friday confirmed the sale of a portfolio of owner occupied residential mortgages to the NatWest group for up to £3.1 billion in…
Edinburgh-based Sainsbury’s Bank has received an approach from NatWest-RBS for a potential takeover. The development comes a week after supermarket group Sainsbury’s said it received third-party…
Shares of NatWest rose about 6% on Friday after the bank surprised analysts with an unexpected return to profit in the third quarter. The bank…
NatWest — formerly known as RBS — is eliminating at least 500 jobs across its retail operation and closing one of its remaining offices in…
NatWest Group, the bank formerly known as RBS, said on Friday it suffered a net impairment loss of £2.8 billion in the first half of…
The Royal Bank of Scotland Group plc today changed its name to NatWest Group plc. The change of name has been registered at Companies House…
The Royal Bank of Scotland Group plc said on Thursday that its name change to NatWest Group plc will take effect on Wednesday, July 22,…
Royal Bank of Scotland-NatWest group is to cut almost a quarter of its investment banking staff in the United States, it emerged on Wednesday. RBS-NatWest…
Royal Bank of Scotland said on Tuesday it will allow business customers another six months to take advantage of incentives to switch their accounts to…
The Royal Bank of Scotland Group plc (RBS) and its subsidiaries Natwest Markets Plc and Natwest Markets N.V. on Thursday announced a raft of executive…
The Royal Bank of Scotland Group plc said on Wednesday it completed the pricing of its $1 billion in 3.073% senior callable fixed-to-fixed reset rate notes…
RBS-NatWest announced on Tuesday that David Lindberg will join the group as its new CEO, Retail Banking, from Westpac in Australia, where he is currently…
The Royal Bank of Scotland Group plc said on Friday it plans to rename itself NatWest Group plc later this year. The news came as…
UPDATE 3 — The Royal Bank of Scotland Group plc (RBS) said on Thursday that CEO Chris Marks and CFO Richard Place have stepped down…
Royal Bank of Scotland said on Tuesday it is working to fix an IT problem that has left RBS and NatWest credit card customers unable…
Royal Bank of Scotland subsidiary NatWest said it will double its growth funding programme for small and medium-sized British businesses to £6 billion to help them navigate…
Royal Bank of Scotland’s NatWest on Tuesday announced an additional £2 billion of funding for smaller businesses “as they prepare for the Brexit process.” NatWest…
Royal Bank of Scotland is trialling two standalone digital banks under its NatWest brand, according to a report by the UK’s Press Association. A senior…
Royal Bank of Scotland is planning to close almost 160 RBS and NatWest bank branches throughout the UK, putting hundreds of jobs at risk. RBS, still more than 70% owned by…