Treasury inches closer to minority ownership of NatWest
14th Jan 2022 11:35
(Sharecast News) - The UK government has offloaded another £420m worth of shares in NatWest Group, as its continues to sell down its stake in the majority state-owned bank.
Read moreNatWest and Permanent TSB agree Ulster Bank deal
17th Dec 2021 08:54
(Sharecast News) - NatWest Group is to sell a swathe of loans and assets to Permanent TSB Group as part of its withdrawal from Ireland, the blue chip said on Friday.
Read moreNatWest fined £265m for taking laundered cash in bin bags
13th Dec 2021 23:27
(Sharecast News) - Britain's NatWest bank was fined £265m for a series of anti-money laundering failures, including taking cash deposits carried in bin bags as part of the operation of a suspected "drugs gang".
Read moreDeutsche Bank upgrades shares of HSBC and NatWest Group to 'buy'
7th Dec 2021 16:31
(Sharecast News) - Analysts at Deutsche Bank sounded a positive note on the outlook for UK and Irish banks, telling clients that their business mix was becoming more profitable.
Read moreDeutsche Bank downgrades Barclays, upgrades NatWest
7th Dec 2021 14:44
(Sharecast News) - Deutsche Bank downgraded Barclays to 'hold' from 'buy' on Tuesday as it switched its preference into NatWest, which was upgraded to 'buy' from 'hold.
Read moreUK CPI will 'comfortably' exceed 5.0 per cent in April, BoE's Broadbent says
6th Dec 2021 13:01
(Sharecast News) - A top Bank of England official said that the central bank´s inflation forecast for the second quarter of 2022 may need to be raised.
Read moreEC fines HSBC, Barclays, RBS for FX rigging
2nd Dec 2021 11:59
(Sharecast News) - The European Commission has fined HSBC, Barclays, NatWest and Credit Suisse a total of €344m (£293m) for rigging foreign currency markets.
Read moreMPC votes 7-2 to keep rates on hold
4th Nov 2021 10:49
(Sharecast News) - The Monetary Policy Committee stood pat on policy with fewer of its members calling for an interest rate hike than had been expected.
Read moreBerenberg nudges up target price on Natwest
1st Nov 2021 10:23
(Sharecast News) - Analysts at Berenberg slightly raised their target price on retail bank Natwest from 240.0p to 250.0p on Monday, stating while the group was "fine today" it would be "better tomorrow".
Read moreNatWest Q3 profit soars despite £294m provision for money laundering fine
29th Oct 2021 07:03
(Sharecast News) - NatWest Bank reported better-than-expected third quarter profits as it released cash set aside to cover bad loans during the Covid crisis and despite a charge of almost £300m to cover a fine for money laundering.
Read moreFriday preview: Euro area GDP, NatWest Group in focus
28th Oct 2021 13:56
(Sharecast News) - Investors' focus at the end of the week will be on a preliminary reading for gross domestic product in the euro area during the third quarter.
Read moreGovernment to link mortgages to green home improvements - report
19th Oct 2021 11:53
(Sharecast News) - The government wants to link mortgages to compulsory green improvements to homes, it was reported on Tuesday.
Read moreMPC member Tenreyro pushes back on early rate rise
14th Oct 2021 12:31
(Sharecast News) - One of the Bank of England's policy setters has warned against raising interest rates in response to short-lived inflationary pressures, arguing it could be "self-defeating".
Read moreBoE's Bailey, Saunders express concern over rising inflation
11th Oct 2021 10:48
(Sharecast News) - The head of the Bank of England called for further investment in infrastructure in the UK and said Bank was going to have a very "challenging job" on its hands when it came to dealing with inflation.
Read moreBoA raises short-term UK CPI forecasts
6th Oct 2021 15:23
(Sharecast News) - Economists at Bank of America bumped up their consumer price forecasts for the UK on the back of the recent jump in energy quotes although they still assumed that inflation would dip below Bank's 2.0% target in April 2023 temporarily.
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