NatWest hires UBS banker as new Coutts head
8th Feb 2024 10:40
(Sharecast News) - NatWest Group has named Emma Crystal as the new head of Coutts, the lender confirmed on Thursday.
Read moreNatWest on the hunt for permanent CEO - report
31st Jan 2024 14:10
(Sharecast News) - UK banking group NatWest has reportedly hired the services of a headhunter to find a permanent replacement for former chief executive Dame Alison Rose, who left the company abruptly last year as part of the Nigel Farage debanking scandal.
Read moreSunday newspaper round-up: NatWest, China, Vodafone
28th Jan 2024 19:32
(Sharecast News) - The Chancellor is laying the groundwork for the sale of billons of pounds worth of shares in NatWest as soon as June. A contract to a market research company has been awarded to study the public's views, alongside a tender to public relations firms and advertising companies who would work on the marketing campaign. Nevertheless, sources inside the Treasury have played down recent speculation in the City that Jeremy Hunt might announce the decision in his 6 March budget. The sale was expected to be priced at a discount. - The Sunday Times
Read moreNatWest review finds no evidence of political discrimination
15th Dec 2023 09:52
(Sharecast News) - An external review has found no evidence of political discrimination in the closure of customer accounts at NatWest's Coutts arm, the bank said on Friday.
Read moreLondon close: Stocks mixed after US, Europe inflation data
30th Nov 2023 15:16
(Sharecast News) - London's markets finished with a mixed performance on Thursday, with the top-flight index lifted by the likes of BP and Shell.
Read moreLloyds to shut 45 branches
30th Nov 2023 09:57
(Sharecast News) - Lloyds Banking Group is to shut another 45 branches, it was confirmed on Thursday, as lenders continue to downsize their estates.
Read moreJPMorgan upgrades NatWest, adds to 'top picks' list
30th Nov 2023 09:09
(Sharecast News) - JPMorgan Cazenove upgraded NatWest on Thursday to 'overweight' from 'neutral' and lifted the price target to 280p from 230p as it took a look at European banks.
Read moreLondon close: Stocks higher despite weaker retail sales data
17th Nov 2023 15:20
(Sharecast News) - London's stock markets finished in a positive state on Friday despite weaker-than-expected UK retail sales figures.
Read moreBarclays upgrades NatWest to 'overweight'
17th Nov 2023 09:04
(Sharecast News) - Barclays analysts have raised their rating for NatWest from 'equal weight' to 'overweight', saying it expects a big rebound in profits.
Read moreNatWest to withhold bulk of ex-chief Rose's payout - reports
10th Nov 2023 07:34
(Sharecast News) - Former NatWest Group chief executive Alison Rose will miss out on nearly £8m in share awards and bonuses, it was confirmed on Friday, as the lender looks to draw a line under Nigel Farage debanking row.
Read moreICO apologises to ex NatWest boss Rose over Farage scandal
6th Nov 2023 13:02
(Sharecast News) - The Information Commissioner's Office apologised to former NatWest chief executive Dame Alison Rose on Tuesday for falsely giving the impression that it was investigating her actions and involvement in the Nigel Farage scandal.
Read moreNatWest misses profit forecasts, admits "serious failings" in Farage treatment
27th Oct 2023 07:09
(Sharecast News) - Shares in NatWest plunged nearly 10% on Friday after the UK bank missed expectations with its third-quarter profits and cut its full-year outlook for bank net interest margin (NIM).
Read moreFriday preview: US inflation data, NatWest Group in the spotlight
26th Oct 2023 15:35
(Sharecast News) - Investors' focus at the end of the week will be on two key inflation indicators due out in the U.S..
Read moreLondon close: Stocks finish higher on dovish Fed rhetoric
10th Oct 2023 16:34
(Sharecast News) - London markets enjoyed a buoyant session on Tuesday, closing with substantial gains after dovish comments from US Federal Reserve officials overnight signalled a potential pause to interest rate hikes.
Read moreHaythornthwaite tipped as next NatWest chairman
6th Sep 2023 11:03
(Sharecast News) - NatWest Group confirmed that prominent business leader Rick Haythornthwaite would become its new chairman on Wednesday afternoon, following earlier media reports, amid ongoing controversies around the bank's decision to close accounts of political figure Nigel Farage.
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