All the updated news related to natwest group

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City

Government NatWest stake cut to below half for first time since financial crash

Nearly a decade and a half since stepping in to save the Royal Bank of Scotland Group during the financial crisis, the Government has ceded control for the first time after selling off a big chunk of shares. The Treasury said it has sold £1.2 ...

28 Mar 2022 at 09:25

City

NatWest blames SVB and Credit Suisse collapse on ‘poor risk management’

NatWest Group has said “poor risk management” and “long-standing” challenges were to blame for the failures of Silicon Valley Bank (SVB) and Credit Suisse which sparked concerns over the strength of the global banking industry. The British ...

25 Apr 2023 at 12:49

NatWest Group boss apologises to Nigel Farage after Coutts closure row

The chief executive of NatWest Group has apologised to Nigel Farage for “deeply inappropriate comments” made about him in official papers, saying she is “commissioning a full review of the Coutts’ processes” on bank account closures. It ...

20 Jul 2023 at 18:17

Nigel Farage says NatWest boss apology ‘only a start’ as he vows to fight on

Nigel Farage has claimed that an apology from the chief executive of NatWest Group is only “a start”, as he pledged to keep on campaigning amid a political furore over the closure of bank accounts and freedom of speech. Dame Alison ...

20 Jul 2023 at 20:08

City

Review finds no proof banks closed accounts due to people’s political opinions

There is no firm evidence of banks denying people access to accounts over the last year due to their political views, a review by the regulator has found. In what it called “preliminary insights”, the Financial Conduct Authority ...

19 Sept 2023 at 13:39

City

NatWest sees profits jump by a third and returns annual bonus for bosses

NatWest Group has said its profits surged by more than a third to reach £5.1 billion last year, as it revealed its chief executive received a pay packet totalling £5.25 million. The British banking giant took in more income in ...

17 Feb 2023 at 09:06

City

Government extends plan to sell stake in NatWest

The Treasury has extended a plan to sell shares in NatWest for another two years after global jitters in the banking sector sent share prices tumbling. The Government will now have until August 11 2025 to complete its ...

03 Apr 2023 at 08:00

City

Full list of NatWest, Lloyds, Halifax, Bank of Scotland and RBS branches to shut

Lloyds Group and NatWest Group have announced that they will shut another 81 bank branches between them. It brings the total closures that have been announced so far this year to 213. Below is the full list of 81 ...

31 Mar 2023 at 11:27

City

Lloyds and NatWest groups plan 81 new bank closures

Two of the UK’s biggest banking groups have announced plans to make big cuts to their branch networks this year, cutting more than 80 sites from around the country. Lloyds Group and NatWest Group have said that ...

31 Mar 2023 at 10:58

Nigel Farage to launch legal battle with NatWest over debanking saga

Nigel Farage is to launch a legal fight with NatWest over the debanking saga which culminated in the resignation of chief executive Dame Alison Rose. The former Ukip leader said he is instructing lawyers to ...

11 Nov 2023 at 15:23

Personal Finance

Bosses of major banks defend branch closures to MPs

Bosses of Britain’s biggest banks have insisted they remain committed to physical branches, after a string of recent closure announcements. They also disagreed with suggestions that banks rely on customer ...

07 Feb 2023 at 18:59

City

High-street banks will be ‘wary’ of loan defaults as mortgage rates surge

Britain’s biggest lenders will shed light on how well they are riding out the economic storm when they unveil their latest quarterly financial results next week. Lloyds Banking Group, NatWest Group, HSBC ...

21 Oct 2022 at 18:35

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