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.
Sainsbury’s to pay Natwest £125m to take bank division off its hands June 20, 2024 Natwest has agreed to acquire Sainsbury's core retail banking arm - with the supermarket giant paying the lender £125m to take it off its hands.
Shares in Lloyds, Natwest and HSBC jump as Reeves appears to rule out Labour raid on lenders June 12, 2024 Shares in the UK's high street banks were among the biggest risers in a wider market rally on Wednesday.
Dame Alison Rose takes first job since leaving Natwest after Nigel Farage debanking storm June 11, 2024 Dame Alison Rose has taken up her first job since leaving Natwest last year in the aftermath of the Nigel Farage debanking storm over his Coutts account.
Inside UK banks’ arms race against fintech start-ups June 8, 2024 The UK’s major banks are muscling into new areas of the fintech space as they look to keep up with a wave of young challengers and grab a slice of the lucrative market.
Natwest boss open to acquisitions as he predicts more consolidation in UK banking June 6, 2024 The chief executive of Natwest has said the state-backed lender is open to acquisitions as he predicts more consolidation in the UK banking market over the coming years.
Natwest buys back more shares from HM Treasury May 31, 2024 Natwest has bought back another lump of shares from the UK government.
Natwest resolves ‘glitch’ that left thousands of customers unable to access accounts May 28, 2024 Thousands of Natwest customers were left unable to access its mobile app and online banking services for roughly four hours on Tuesday morning, triggering a flurry of complaints on social media.
Shelved Natwest share sale could give much-needed stock market boost, broker says May 28, 2024 The government's decision to shelve plans to offer part of its remaining stake in Natwest to retail investors has brought past privatisation schemes back into focus.
General Election 2024: Labour backs British ISA plans but Natwest share sale under ‘review’ May 28, 2024 The Labour party has confirmed it will push ahead with the government’s plans to introduce a British ISA if elected to power but will keep the much-hyped sale of Natwest shares under “review”, City A.M. can reveal.