Lloyds, HSBC, Barclays and Natwest post record £44bn profits from global interest rate hikes February 22, 2024 The UK's biggest banks notched their highest combined annual profits ever last year as interest rate hikes around the world gave lenders gaping margins.
FTSE 100 close: London powers into the green after retail rebound, Natwest shares soar February 16, 2024 "Market sentiment is being buoyed by better-than-expected retail sales," Sophie Lund-Yates, lead equity analyst, Hargreaves Lansdown.
Paul Thwaite: Who is the veteran tasked with steadying Natwest after the Farage debanking scandal? February 16, 2024 Natwest has appointed Paul Thwaite as permanent chief executive after a tumultuous year. Who is the man tasked with steadying the ship?
Natwest confirms Paul Thwaite as new boss with £1.2m annual salary February 16, 2024 Paul Thwaite has been confirmed by Natwest's board to be the new group CEO, as he is set to take home a £1.1m pay package
Natwest notches highest profit since 2007 as bank feels interest rate boost February 16, 2024 The group said it had recorded an operating profit of £6.2bn for 2023, up 20 per cent on 2022's recorded figures.
Natwest: Interim Paul Thwaite to be named as permanent CEO February 14, 2024 Natwest’s board is reportedly naming Paul Thwaite, its current interim chief executive, as the permanent head of the taxpayer-backed bank.
Big banks set for bumper annual profits as interest rates peak February 12, 2024 Britain's biggest banks are set to report strong annual profits over the next two weeks despite mounting margin pressure from a likely peak in interest rates.
Natwest’s margins in focus as lender gears up for year of big changes February 12, 2024 Natwest looks to shrug off the turmoil of the recent debanking saga and prepares to sell its government-owned shares to the public.
Treasury could launch Natwest retail sell-off as soon as June, UKGI confirms February 6, 2024 The Treasury could begin selling its shares in Natwest as soon as June, the body for government investments has confirmed.
Government could launch Natwest public share sale this summer January 28, 2024 The government is preparing to start selling its shares in Natwest to retail investors as soon as the middle of this year, Morning Wire understands.