NatWest Group has reported an operating profit of £4 billion in 2021. This is a substantial increase from the loss of £351 million in 2020. Across the whole banking group, the operating profit reached £4.3bn.
Natwest
NatWest has announced a major new partnership intended to further its efforts to help young people to thrive and reach their goals sooner. NatWest and Marcus Rashford are working together to co-create a programme designed to support young people in communities across the UK to learn about and develo
Royal Bank of Scotland, under the NatWest Group, has today announced it is launching green loans, and through Lombard, green asset finance propositions for qualifying SMEs, with no arrangement fee, to help them achieve their sustainability ambitions. Following the announcement of the group’s a
NatWest Group has appointed Raghu Narula as managing director, customer engagement & distribution, within its retail banking division. Mr Narula brings a wealth of leadership experience from a career spanning over 20 years at HSBC in Retail, Wealth Management, Commercial Banking and Strategy and
NatWest has been fined £264.8 million following convictions for three offences of failing to comply with money laundering regulations. Mrs Justice Cockerill, the sentencing judge at Southwark Crown Court, yesterday said: “….it must be borne in mind that although in no way complici
Data from Tyl by NatWest, an SME payments provider, has shown SME’s transaction values increased by £7.85 on average since the new £100 contactless limit came into effect on October 15th. Analysing data by key seasonal sectors, those in the floristry industry benefited from an aver
NatWest has announced a series of initiatives, leading with a target to provide £100 billion of Climate and Sustainable Funding and Financing (CSFF) by the end of 2025. The announcement comes as the lender publishes a report setting out the potential opportunity that exists for the UK economy
Royal Bank of Scotland owner NatWest Group is facing a fine of £300 million after the bank pleaded guilty at Westminster Magistrates’ Court to criminal charges brought by the Financial Conduct Authority (FCA) under the Money Laundering Regulations 2007 (MLR 2007). NatWest accepts that it
NatWest Group has launched a new 'housemate' app to help renters manage shared bills. The new digital tool will allow house sharers to split bills and could help them build their history with NatWest’s data partner, Experian.
Insurance giant Legal & General has entered into a 15-year joint venture partnership with NatWest Pension Trust Limited (NWPTL) the defined benefit pension scheme of NatWest Group, to build a £4 billion portfolio of retirement homes with net-zero carbon emissions. The two firms are investi
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.
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