Article 6SNKS NatWest on fast trajectory back to private ownership, boss says

NatWest on fast trajectory back to private ownership, boss says

by
Kalyeena Makortoff Banking correspondent
from World news | The Guardian on (#6SNKS)

Paul Thwaite says government's exit from its stake in bank could come in first half of 2025 and will be a great moment'

The chief executive of NatWest has said the bailed-out bank is on a fast trajectory to private ownership", with the government likely to fully exit its stake within the first half of 2025.

Paul Thwaite said it would be a symbolic moment for NatWest Group staff and the wider banking sector, allowing the industry to close another chapter of the fallout from the 2008 banking crash.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/world/rss
Feed Title World news | The Guardian
Feed Link https://www.theguardian.com/world
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2025
Reply 0 comments