NatWest Group
British bank NatWest to close Polish business, cutting 1,600 staff
45 per cent of roles are gone for good and the remaining 55 per cent being transferred to the other two countries where equivalent jobs will be created
Norway wealth fund backs NatWest plan to buy more state-owned stock
Norway’s US$1.6 trillion sovereign wealth fund, one of the world’s largest investors, said on Thursday (Apr 18) it would vote in favour of a proposal letting NatWest buy back more of its stock from th...
NatWest sees revenue dropping with rate cuts on horizon
NatWest Group said revenue is likely to drop this year as the firm’s businesses face pressure from falling interest rates.
UK banks press BOE to soften stricter capital rules
Bank of England plans that would raise capital requirements for banks in Britain would be “very bad” for the economy, the finance director of NatWest said on Tuesday (Sep 19), as lenders globally push...
Fund managers prefer using ESG bonds to reach net-zero: survey
MORE than 70 per cent of asset managers said that sustainable bond structures are their first means of raising capital to help meet their net-zero targets, according to a survey by banking group NatWe...
UK extends trading plan to sell NatWest stake by two years
The British government has extended a trading plan to help cut the taxpayer’s stake in NatWest by another two years, as it chips away at its remaining 41.5 per cent holding with small sales after a re...
European bank shares sink on concerns over US sector
SHARES of Europe’s biggest banks tumbled on Friday (Mar 10), after trouble at a regional US lender sparked a Wall Street rout on the sector in the US.
NatWest adds new label in ESG debt with ‘women-led’ bond
THE NatWest Group is selling a 500 million euro (S$720.1 million) bond to finance women-led businesses, bringing another label to the growing array of ESG (environment, social and governance) bonds in...
Barclays, NatWest expect Fed to raise rate hike pace in March
ECONOMISTS at UK-based banks Barclays and NatWest believe that the US Federal Reserve (Fed) could ramp up the pace of its interest-rate rises in March by delivering a half-point hike, following key in...
NatWest first UK bank to get climate claims backed by science
NatWest Group became the first UK bank to have its emissions-reductions claims approved by the Science Based Targets initiative (SBTi), as such certifications take on greater importance for a growing ...