Tag #Natwest

Showing 1 to 12 of 15 results

news.sky.com
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NatWest to Sell Cushon Pension Provider

NatWest Group, two years after acquiring Cushon for £144 million, is reportedly seeking a buyer for the workplace pensions provider, aligning with CEO Paul Thwaite's strategic refocusing on core banking priorities and simplification.

Progress

8% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 65% Global Worthiness
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Scottish Mid-Market Firms Show Optimism Amidst Economic Challenges

NatWest CEO Paul Thwaite reports growing optimism in Scotland's mid-market firms, particularly in travel and tourism, and technology, while manufacturing struggles; he emphasizes the bank's commitment to Scotland despite its London headquarters.

Progress

52% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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RBS Privatization: A 17-Year Recovery

In 2008, the Royal Bank of Scotland (RBS) received a £45 billion taxpayer bailout following a financial crisis triggered by its risky expansion and mismanagement; 17 years later, the UK government has fully sold its stake, marking a significant turning point but leaving taxpayers with over £10 billi...

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56% Bias Score

Reduced Inequality
news.sky.com
🌐 85% Global Worthiness
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NatWest Privatization Results in £10.5bn Loss for UK Taxpayers

The UK government has completed the sale of its remaining stake in NatWest, incurring a £10.5bn loss 17 years after a £46bn bailout, prompting debate about post-crisis banking regulations.

Progress

48% Bias Score

Reduced Inequality
news.sky.com
🌐 85% Global Worthiness
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UK to finalize NatWest divestment, incurring £10.2bn loss

The UK government will soon finalize its exit from NatWest Group, resulting in a £10.2 billion loss despite total proceeds of £35.3 billion from share sales, dividends, and fees, concluding a 17-year process initiated by the 2008 bank bailout.

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36% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
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NatWest to be fully privatized after 2008 bailout

NatWest will hold its last shareholder meeting before full privatization, with the government selling its remaining 2.99% stake after a 17-year restructuring following its £46bn bailout in 2008; the government expects to recoup about £25bn.

Progress

44% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
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UK's 'Big Four' Banks Report Record Profits Amidst Fintech Competition

The UK's 'Big Four' banks—Barclays, HSBC, Lloyds, and NatWest—reported record profits exceeding £45 billion in 2024, driven by high interest rates and cost-cutting, despite initial predictions of disruption from newer banking rivals.

Progress

40% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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NatWest's Soaring Profits Amidst Tax Scrutiny and Fintech Competition

NatWest's first-half operating profits surged to £3.6 billion, exceeding last year's figures and fueling plans for acquisitions, while also facing potential government tax scrutiny and competition from fintechs.

Progress

72% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 85% Global Worthiness
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UK Government Completes Divestment From Royal Bank of Scotland

The UK government has fully divested from the Royal Bank of Scotland (RBS), selling its remaining shares 15 years after a £45.5 billion bailout that began in 2008 to prevent the collapse of the bank during the global financial crisis.

Progress

40% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
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UK to Lose £10 Billion on NatWest Bailout as Goodwin's Pension Soars

The UK government will lose almost £10 billion after selling its final NatWest stake, ending a 17-year recovery effort following a £45 billion 2008 bailout; meanwhile, former CEO Fred Goodwin receives an estimated £598,000 annual pension.

Progress

52% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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NatWest's Failed Santander Bid and Future Acquisition Plans

NatWest's £11 billion bid for Santander UK's retail banking arm was rejected, ending takeover talks; this follows NatWest's strong first-quarter results and the government's near-complete exit from its ownership.

Progress

44% Bias Score

Decent Work and Economic Growth
news.sky.com
🌐 85% Global Worthiness
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Farage Settles NatWest Debanking Dispute

Nigel Farage settled his legal dispute with NatWest Group, receiving damages after the bank apologized for closing his accounts due to his political views; the controversy led to the resignation of NatWest's CEO.

Progress

44% Bias Score

Reduced Inequality

Showing 1 to 12 of 15 results