Royal Bank of Scotland owner NatWest Group has posted operating profits before tax of £2.505 million. In the first half of 2020, the bank reported an operating loss before tax of £770m.
Natwest Group
The UK Government has announced that it intends to sell part of its shareholding in NatWest Group plc (formerly the Royal Bank of Scotland Group plc).
NatWest Group and Sustainable Food Trust to collaborate to help farmers measure environmental impact
NatWest Group and the Sustainable Food Trust (SFT) are to join forces for the next two years to support the development of a common framework of farm sustainability metrics and an accompanying assessment tool that will enable farmers to measure their environmental and social impact and give them act
Royal Bank of Scotland owner NatWest Group has announced it is teaming up with Fair4All Finance, Esmée Fairbairn Foundation and StepChange on new research into how ethnicity influences access to financial products and services in the UK.
NatWest Group has launched a new programme, CareerSense, to support 13-24-year-olds with readiness for work, aiming to reach over 10,000 young people this year. Through feedback from partners, teachers and those in early careers, the bank recognises that many young people enter the world of work unp
The number of sub-1% mortgages on offer in the UK has increased as major banks and lenders extend their ranges. HSBC UK has unveiled a rate below 1% for the first time in nearly five years, while Nationwide Building Society is offering a 0.99% mortgage fixed for two years for borrowers with a 40% de
Alison Rose, the CEO of NatWest Group, has confirmed that the bank would move its registered headquarters to London if Scotland became independent. Ms Rose told The Herald yesterday that the Royal Bank of Scotland owner has “always been very clear” that its balance sheet would be “
Royal Bank of Scotland owner NatWest Group has posted its results for the first quarter of 2021 revealing an 82% increase in operating profits before tax. The bank's profits rose to £946 million from £519m in the first quarter of 2020.
NatWest Group has become one of 43 banks globally to join the Net Zero Banking Alliance, a coalition of financial services companies that have pledged to work together to help deliver the Paris Agreement. As the banking sponsor of the COP26 climate summit, NatWest Group’s membership of this gl
NatWest Group has joined forces with Microsoft to help UK businesses better understand their carbon footprint and create tailored action plans to reduce their carbon emissions leveraging digital technologies. Due to be piloted later this year, and building on Microsoft’s innovative cloud, data
NatWest Group has bought back £1.1 billion of shares, bringing the UK Government's stake in the banking group down from 61.1% to 59.8%. The Royal Bank of Scotland owner has agreed with HM Treasury to make an off-market purchase for the total consideration of £1,125,341,269.13 for 590,730
NatWest Group has issued a €1 billion affordable housing social bond, the first of its kind by a UK bank. The issuance reinforces NatWest Group’s July 2020 commitment to provide £3bn of funding to the UK’s affordable housing sector by the end of 2022.
NatWest Group has posted its annual results delivering what chief executive Alison Rose has called a "resilient performance" despite the bank's impairment charge of £3.2 billion. For the year ended 31 December 2020, NatWest Group's operating profit before tax and the impairment charge was &pou
Royal Bank of Scotland owner NatWest Group is in talks to sell Adam & Co, one of its private banking subsidiaries. It has been reported that NatWest is working with Evercore, the investment bank, to help divest the majority of Adam & Co's operations.
Banking customers at the Royal Bank of Scotland are the least satisfied in the UK, a survey conducted by the Competition and Markets Authority (CMA) has found. Just 47% of customers who responded to the poll said that they would recommend the personal current account provider to family and friends.