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

NatWest wants investors to back a resolution that would enable it to acquire up to 15 per cent of its total stock from the government in a 12-month period, up from a previous ceiling of 5 per cent a year.

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...

Pre-tax profit for the fourth quarter was £1.26 billion, a 12 per cent drop from the same period a year earlier.

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. 

NatWest chief financial officer Katie Murray says the UK’s blueprint for rolling out stricter international capital standards, dubbed the ‘Basel Endgame’ were too harsh.

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...

Out of 225 asset managers surveyed by NatWest, about 26 per cent say that use-of-proceeds bonds, which include green, social and sustainability bonds, are their go-to financing instruments.

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...

The government said it would only consider sales of bigger chunks to private investors, or directly to NatWest, when they “achieve value for money for taxpayers”.

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...

Shares of Commerzbank have tumbled by more than 6 per cent following the Frankfurt stock market's opening on Friday (Mar 10).

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.

 The NatWest Group says this is the first social bond from a European financial institution where the proceeds are dedicated to funding loans to women-led enterprises.

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 says that persistent inflationary pressures and economic resilience could lead the Fed to hike rates by 50 basis points next month.

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 aims to reduce greenhouse gas emissions from its residential mortgage portfolio by 49 per cent per square meter by 2030, compared with a 2019 baseline, and to cut emissions from commercial real estate loans by 60 per cent per square meter over the same period.

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 ...