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
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.
316 stories · page 14 of 16
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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