Company
NatWest Group PLC
LON:NWG
NatWest Group PLC is one of the world's top 10 financial services groups and a leading provider of personal, business and institutional banking services. NatWest Group is the new name for Royal Bank of Scotland as of July 2020.
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FTSE 100 closes under ahead of US Fed rate decision
At the close, the FTSE was 15 points under at 7,677, a 0.2% loss on the day
NatWest shares lower as chief executive apologises to Farage
New laws are being drafted to force banks to explain why an account has been closed
Nigel Farage-Coutts controversy heats up as NatWest enters damage control
Sunak and Braverman wade into debate over woke capitalism and free speech
First-time buyers hit in mortgage chaos
40% of mortgages geared towards first time buyers have disappeared since early June
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FTSE 100 ends April with modest gains ahead of bank holiday weekend
At the close, the FTSE 100 was up 39 points, or 0.5%, to finish at 7,871
NatWest cracks down on crypto transfer restrictions, citing scam fears
NatWest will cap the amount customers can pay to crypto exchanges to £1000 a day, as it looks to prevent
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FTSE 100 gains strength at the close to finish in the green
At the close, the UK's blue-chip index was up 1.2% at 7,637 points following a strong trading day helped by positive US inflation data
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FTSE 100 closes the week above 8,000
Around 3.50pm, the FTSE 100 index was down 10 points, or 0.1% at 8,001
NatWest to pay first chief exec bonus since financial crash
CEO Alison Rose will receive around £1mln according to reports today
NatWest latest to shun new oil and gas project financing
NatWest will no longer offer funding to new oil and gas companies, ahead of stopping financing for existing firms looking to expand in late 2025
NatWest boss U-turns and will explain why savings rates are so low
Lloyds chief executive Charlie Nunn, HSBC UK boss Ian Stuart and Barclays UK boss Matt Hammerstein will also be quizzed
Lloyds Banking, Natwest and Barclays all liked by Goldman Sachs on margin outlook
The US investment bank ran the rule on UK lenders ahead of fourth-quarter results due in February
Huge opportunity for SMEs from UK climate targets
A NatWest report has found that smaller enterprises face a £175bn revenue opportunity from UK climate targets between now and 2030
Lloyds, NatWest lead bank rally on no windfall tax report
"Two senior sources close to prime minister Rishi Sunak and chancellor Jeremy Hunt played down the idea," said a report in The Sunday Times
NatWest to outperform despite surge in operating costs
Analysts at Credit Suisse upgrade share target following strong third quarter
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Market Movers: Computacenter hit by cost inflation and supply chain issues
A look at some risers and fallers on the market today.
NatWest's third-quarter profits below expectations
Total income for the quarter was £3.23bn, up from £2.68bn in the same period last year, while operating profit before tax was £1.08bn, up from £976mln but below analysts' expectations of around £1.2bn
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FTSE 100 fails to hold onto gains, finishes week in the red
The FTSE 100 failed to hold onto any gains at the end of the day, finishing 0.4% lower at 7,048
Natwest and Barclays can seal windfall tax debate
Mortgage lenders unveiling huge profits would not sit well politically
NatWest to close 43 branches as it fully transitions towards online banking
It claimed that just six jobs were at risk from the planned closures, with most staff being offered the chance to work in another branch or in a different part of the lender
NatWest a top pick among European banks as recession fears overdone, suggests UBS
Net interest income upgrades are assured across the sector says the Swiss bank
NatWest getting big boost from cash sitting in ring-fenced deposits, says Goldman Sachs
The UK bank remains on Goldman's conviction buy list
NatWest shares: Are they worth buying after results and £2.2bn giveaway? This leading bank thinks so
Including the regular half-term pay-out, NatWest is expected to hand back £2.2bn
NatWest hails 'strong' first-half performance as it readies to hand back £2.2bn to investors
The company has hiked the interim dividend and is to make a special pay-out
NatWest Group to extend buy back programme
NatWest Group is expected to announce a further share buy back with its H1 results on Friday with UBS forecasting a further £1bn when it reports its H1 results on Friday.
Bank shares hit as BoE tells them to up reserves
“The economic outlook for the UK and globally has deteriorated materially,” the FPC said.
Natwest privatisation deadline extended by a year
The deadline for a sale of the government’s shareholding in the British bank has been extended by a year
Natwest offers "unparalleled capital return", suggests Deutsche Bank
Deutsche Bank's price target rises to 330p from 315p
FIVE at FIVE: NatWest smashes profit forecasts, Amazon.and Apple wobble, Greencoat UK Wind gets power boost and ARM revives IPO hopes
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
NatWest beats profit forecasts for quarter as interest rates rise
"Income and profits are substantially up, costs are down and we remain well capitalised," said CEO Alison Rose
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FTSE 100 closes higher on commodity strength, although Wall Street stays weak on big tech worries
The UK blue-chip index closed 35.36 points, or 0.5% higher at 7,544.55, below the session peak of 7,569.80 but above the day’s low of 7,509.19
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NatWest to finish off banking results season with spotlight on lending patterns
All of the banks have been talking about belt-tightening for customers and NatWest is unlikely to be an exception
NatWest eyeing Tilneys as wealth management land grab continues - report
The sources also added that Warburg Pincus may purchase Permira’s stake
NatWest no longer UK government subsidiary after latest buyback
The government's stake falls to 48% after a £1.2bn NatWest share purchase
NatWest has Klarna's market in its sights
Move into “Buy Now, Pay Later” seems perfectly timed to appeal to cash-strapped consumers
NatWest becomes latest bank to offer controversial ‘Buy Now, Pay Later’ product
The bank said it intends to launch the product this summer but did not provide details on how it will work
UK banks least exposed to Russia risks – broker
UK bank's 7% outperformance of Eurozone counterparts "warranted" with NatWest and HSBC buy-rated - Berenberg
NatWest’s servers down as customers complain
Nationwide also had difficulties with its online banking services yesterday
NatWest has scope for more hand-outs, brokers suggest
The broker expects NatWest to distribute £3.6bn of capital during its current financial year
NatWest swings into profit and announces £750mln share buyback
The bank reported operating profits of £4bn for the year to end-December 2021, compared with a £481mln loss the previous year
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FTSE 100 closes lower as Russia-Ukraine tensions persist
Friday was particularly volatile with trillions of dollars in options and futures on stocks, indexes and ETFs set to expire
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NatWest Group kicks off UK banks results season
OK, we've had results from Standard Chartered, which technically is a British bank but not one that you will find on Britain's high streets
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FIVE at FIVE: NatWest dividends to rise, Glencore invests in Britishvolt, Branson to sell space tickets and Pantheon sees Alaska oil boost
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
NatWest Group upgraded on expectation of improved returns following base rate hikes
"Given capital and provisioning strength, cyclical revenue tailwinds and substantial capital returns ahead, we see the UK banks as attractively valued," UBS said
UK government cuts stake in NatWest to 52% after further share sale
The Treasury sold another 170.4m NatWest shares, worth £420mln
NatWest downgraded by Jefferies on 'risks to the downside'
The lender's net interest income declined during the previous Bank of England tightening cycle in 2017/2018, the analysts noted
UK government to announce help with rising energy bills within a month – report
Ministers have not yet determined what form of assistance will be offered, but measures are likely to target the less well-off, Sky News reported
Lloyds, Natwest and Barclays all buys as brokers say Christmas has come early
Lloyds and Natwest are Citi's favourites while UBS likes HSBC and Barclays
NatWest takes Permanent TSB stake through Irish loans sale
PSTB's total consideration is €6.4bn cash plus 90.9mln of new shares in the Irish group.
How will the latest Covid scare hit Lloyds and its rivals? Here's what one leading research team has concluded
Credit Suisse has drawn up what it describes as a downside scenario for UK lenders
NatWest Group has a believer in Berenberg but UBS and Deutsche Bank remain equivocal
The bank said it no longer expects to achieve the majority of the remaining risk-weighted assets (RWA) reduction towards the medium-term target of £20bn this year.
NatWest heading for tricky 2022 as living costs rise
City commentators are wondering how competitive the mortgage arm can be in times of inflation and high interest rates
Natwest disappoints market with lacklustre update
The bank has revised down its targets for risk-weighted assets reduction
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FTSE 100 misses the mark; Wall Street mixed bag as Big Tech earnings come in
As per usual, traders might as well have started the weekend halfway through Friday morning for all the difference it would've made to the Footsie
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NatWest finishes off week of banking updates
Evraz, Grit Real Estate Income, Scancell Holdings and Time Out will also be on the corporate schedule
UK MPs query time it took to prosecute NatWest in money-laundering case
The bank pleaded guilty on 7 October to charges of failing to adequately monitor the accounts of a client who deposited around £365mln over five years
Consumer credit provider NewDay plots £2.5bn IPO
The credit company processed over £5bn of purchases based on more than 120mln customer transactions in the 12 months to June
NatWest sets £100bn funding target to help UK transition to net-zero economy
The bank has also published the criteria to choose the assets, companies and projects that can be eligible for the funding
NatWest faces 'very large' fine over multi-million-point money laundering failures
The activities related to a Bradford-based jeweller that was shut down following a police raid
Natwest the best bet currently among UK banks says broker
The bank benefits the most from a strong UK mortgage market
NatWest struck off Goldman's conviction list amid worries over UK mortgage pricing
Analysts at the US bank also trimmed their target prices for NatWest, Barclays and Virgin Money on the back of what they said were the "headwinds" in the UK mortgage market
NatWest Group to yield 13-14% in 2022/23 by Deutsche Bank's calculations
“On our new forecasts, total capital return for 2022-23 is equivalent to a 13-14% yield,” Deutsche Bank said
NatWest target hiked by UBS as profits beat forecasts
Analysts said the UK bank's pre-tax profit for the second quarter, reported last Friday, was “40% ahead of consensus”
NatWest boosts appeal to income investors with £2.9bn handout
On valuation grounds, though, the broker prefers Lloyds (46p) and Barclays (176p)
NatWest proposes 3p interim dividend and £750mln share buyback as outlook improves
NatWest released another £605mln of money set aside for bad debts in the second quarter. The bank expects the 2021 full year impairment loss to be a net release
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FTSE 100 closes in the red as upward trend runs out of steam
Britain's blue-chip index finished down around 46 points, or 0.65%, at 7,032, off a session peak of 7,078 and a low of 6,996
NatWest could accelerate buybacks following govt stake sale, says UBS
Analysts said the decision of the government to sell down its sizeable stake in the banking giant “raises the prospect of a confirmed buyback” in the company’s second-quarter results
NatWest biggest blue-chip riser as it inks deal to sell off Irish assets
The proposed deal includes around €7.6bn of gross performing loans, mostly relating to non-tracker mortgages, as well as 25 branch locations in the Republic of Ireland
NatWest Group slowly exiting from a 13-year taxpayers' nightmare
The government's ownership of NatWest Group has lasted longer than some Quentin Tarantino films, only with more blood-letting and swearing.
UK govt to sell down NatWest stake
The actual number of shares sold on any day under the plan will depend on market conditions, among other factors
NatWest and Lloyds preferred among UK banks by Citi analysts
The investment bank said they expected further write-backs from the sector in the second quarter, adding that the recent lifting of the dividend ban “implies a return to more normalised capital return payouts”
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FTSE 100 ends higher as Bank of England maintains policy; Wall Street makes good gains
At the close, the UK blue-chip index was 35.91 points, or 0.5% firmer at 7,109.97, not far below the day’s peak of 7,119.41 and well above the session low of 7,070.90
Natwest and Monzo rapped by watchdog over statements
The CMA said it stands ready to take further action if these failures are repeated
NatWest Group expects 87% of staff to mostly work from home from now on
Roughly 61% of retail banking customers now use only digital channels