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02.05.25 - 09:42
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NatWest profits soar by 36% as full privatisation looms (The Guardian)
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Government stake reduced to under 2% as bank's profit of £1.8bn beats analyst forecasts by £200mBusiness live – latest updatesNatWest has reported a 36% increase in profits in the first three months of this year as the government reduced its stake in the bank to less than 2%, paving a return to fully private ownership after 17 years.The bank reported operating profit before tax of £1.8bn, up from £1.3bn in the same period last year, beating analyst consensus forecasts by £200m. Continue reading......
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02.05.25 - 09:18
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NatWest Group Q1 Net Profit Improves Sequentially (AFX)
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LONDON (dpa-AFX) - NatWest Group Plc (NWG.L, NWG), a British banking and insurance holding company, on Friday reported a sequential rise in its first-quarter earnings, helped by improved total inc......
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14.02.25 - 09:24
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NatWest Group FY Profit Rises (AFX)
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LONDON (dpa-AFX) - NatWest Group plc (NWG.L), a banking and financial services company, posted a profit attributable to ordinary shareholders of 4.519 billion pounds or 53.1 pence per share in fis......
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25.10.24 - 13:07
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NatWest urges Reeves to ′get balance right′ when changing debt rules (The Guardian)
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Bank's boss says chancellor must signal intentions clearly given risk to borrowing and mortgage ratesRachel Reeves must “get the balance right” when announcing changes to Britain's debt rules in next week's budget given the potential knock-on effects to borrowing and mortgage rates, the boss of NatWest has warned.The bank's chief executive, Paul Thwaite, said markets would be sensitive to the chancellor's reasons for releasing up to £50bn of borrowing headroom after she confirmed in Washington on Thursday that she planned to rewrite her fiscal rules. Continue reading......
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