Berenberg hikes target price on Natwest

29th Jul 2024 11:00

(Sharecast News) - Analysts at Berenberg hiked their target price on banking group Natwest from 350.0p to 415.0p on Monday following the group's "comprehensively strong" Q2 results last week.

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London close: Stocks finish higher as US inflation slows

26th Jul 2024 14:35

(Sharecast News) - London stocks ended the week on a positive note on Friday, with NatWest a standout performer, as investors digested a dip in inflation from across the pond.

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Metro Bank sells residential mortgages to NatWest

26th Jul 2024 08:37

(Sharecast News) - Metro Bank inked a deal to sell a portfolio of residential mortgages to NatWest Group.

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NatWest Group posts drop in 1H operating profits

26th Jul 2024 07:12

(Sharecast News) - NatWest Group posted a decline in interim profits as net interest margins fell and costs rose, but raised its full-year income guidance.

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Friday preview: US PCE inflation data, NatWest Group in focus

25th Jul 2024 12:32

(Sharecast News) - All eyes at the end of the week will be on the latest US inflation numbers.

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UK govt cuts NatWest stake to below 20%

15th Jul 2024 13:02

(Sharecast News) - The UK government has sold more shares in NatWest, taking its stake to below 20% the bank said on Monday.

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London close: Stocks rise as BoE holds interest rates

20th Jun 2024 16:16

(Sharecast News) - London stocks ended Thursday on a positive note following the Bank of England's decision to maintain interest rates, aligning with market expectations despite the backdrop of decreasing inflation.

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NatWest to buy Sainsbury's core banking unit for £2.5bn

20th Jun 2024 07:13

(Sharecast News) - Sainsbury's has announced it is selling its core banking business, comprising £2.5bn of outstanding credit card, unsecured personal loan and saving accounts, to NatWest and plans to return a tenth of that amount to shareholders.

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Government cuts NatWest stake to 22.5% after £1.24bn sale

31st May 2024 07:17

(Sharecast News) - The government has sold a £1.24bn stake in NatWest, as the HM Treasury continues to reduce its shareholding in the state-backed lender.

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NatWest banking app hit by IT glitch

28th May 2024 09:42

(Sharecast News) - NatWest customers were unable to use the online banking app on Tuesday due to an IT glitch, with thousands unable to access balance and payment services.

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Sunday newspaper round-up: Natwest, Shein, Nationwide

26th May 2024 19:45

(Sharecast News) - NatWest may not be selling shares to the public any time soon following the prime minister's decision to call an election on 4 July. The Treasury has said that an offer will not occur during the election period and Labour has not confirmed whether it would revive plans for the sale should it win. The sale had been expected to take place in June. - The Sunday Times

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London close: Stocks slip on UK election, US jobless claims

23rd May 2024 16:46

(Sharecast News) - London stocks ended lower on Thursday, mirroring Wall Street's decline as jobless claims in the US fell more than anticipated.

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NatWest share sale plan on hold after election called

23rd May 2024 13:05

(Sharecast News) - NatWest was trading lower on Thursday following reports that plans for a sale of shares in the bank to the general public have been put on hold after Prime Minister Rishi Sunak called a general election for 4 July.

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ShoreCap says NatWest entering fair value territory, downgrades

20th May 2024 10:17

(Sharecast News) - Shore Capital downgraded NatWest on Monday to 'hold' from 'buy' as it said the shares were "entering fair value territory".

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Treasury reportedly planning significant sale of NatWest stake

13th May 2024 14:09

(Sharecast News) - The Treasury is finalising plans for a significant sale of its remaining stake in NatWest Group, it was reported on Monday, in a bid to expedite the bank's privatisation and stimulate retail investment in the UK.

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