Biggest UK lenders including Natwest, Lloyds and Nationwide could fail safely in a crisis, Bank of England says August 6, 2024 The Bank of England has said any major UK lender could be safely wound down in a crisis without causing disruption to banking services or forcing a taxpayer bailout.
Lloyds, Barclays and Natwest: FTSE 100 bank shares slide on fears of US recession August 5, 2024 The UK's biggest banks were among FTSE 100 stocks hit by a global sell-off on Monday as investors were spooked by the prospect of a US recession.
Natwest shares rise after strong results and deal for part of Metro Bank’s mortgage book July 26, 2024 Natwest became the latest bank to report a fading boost from higher interest rates as it announced the acquisition of part of Metro Bank's mortgage book.
Mark Kleinman: Is troubled Burberry heading for a chequered flag? July 25, 2024 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City A.M. column. Today, he looks at Burberry’s threads wearing thin, Hammerson’s big Bicester sale and Love Island Is troubled Burberry heading for a chequered flag? Not only a chequered recent past, but on current evidence every [...]
Natwest: UK government’s stake drops below 20 per cent as privatisation plan accelerates July 15, 2024 The government has offloaded another chunk of its stake in Natwest today and taken its holding in the company below 20 per cent for the first time since the financial crisis.
Metro Bank revives multibillion-pound mortgage sale after rescue July 8, 2024 Metro Bank has revived a plan to sell a multibillion-pound chunk of its mortgage book after being rescued from potential collapse last year.
Octopus Energy-backed EV charging network Be.EV raises £55m June 26, 2024 EV charging network Be.EV, which is backed by Octopus Energy, has raised £55m from Natwest and Germany's KfW IPEX-Bank.
FTSE 100 giant Natwest and Close Brothers set to benefit from Labour government, analysts say June 26, 2024 UK banking stocks are poised to enjoy a "good backdrop" if Labour wins the general election on 4 July, according to a leading broker, highlighting benefits for Natwest and Close Brothers.
Former NatWest boss Samuel Okafor named CEO of inclusion campaigner Kick It Out June 24, 2024 The 42-year-old worked his way up from customer service advisor to executive director at NatWest-owned Coutts.
Sainsbury’s Bank sale marks end of an era for supermarkets June 20, 2024 Sainsbury's has agreed to sell most of its banking arm to Natwest, in a deal that will see the supermarket pay the lender £125m.