natwest

NatWest has reported a better-than-expected surge in half-year profits as the taxpayer-backed lender reels from the Nigel Farage de-banking debacle.At the end of a week in which its chief executive Dame Alison Rose was forced…

Dame Alison Rose's fate was sealed when reporters checking in with Downing Street and the Treasury were told the PM and chancellor had "significant concerns" about her conduct.That communication - brief, unambiguous and deadly…

NatWest boss Dame Alison Rose has stepped down as chief executive effective immediately after she admitted to being the source of an inaccurate story about Nigel Farage's bank account.Her four-year tenure as chief executive…

NatWest chief executive Dame Alison Rose is under acute pressure after Downing Street and the chancellor of the exchequer questioned her conduct in discussing Nigel Farage’s banking arrangements with a BBC journalist.Sky News…

The board of NatWest Group was holding emergency talks on Tuesday night as the nearly four-year tenure of chief executive Dame Alison Rose looked set to end in ignominy over her admission that she had discussed Nigel Farage’s…

The chief executive of NatWest Group has apologised to Nigel Farage for the closure of his bank accounts and ordered an immediate review of the processes followed by its Coutts subsidiary.In a letter to Mr Farage seen by Sky…

The government has sold £1.2bn of NatWest shares, reducing its ownership of the bailed out bank by nearly 3%.The state now holds a 38.6% stake in the lender, which was at its peak 84% owned by taxpayers following the global…

NatWest has beaten expectations by recording a pre-tax profit of £1.8bn in the first three months of the year.This is well ahead of forecasts by analysts of £1.6bn for the quarter and higher than the £1.2bn recorded this time…

Profits at 45% state-owned bank NatWest have risen to their highest since the global financial crash.The bank recorded profits of £5.1bn before tax in its 2022 full-year results, a high not seen since 2007. Also for the first…

NatWest Group, the taxpayer-backed bank, is to increase its annual bonus pool for the second consecutive year as rising interest rates bolster the industry’s profitability.Sky News has learnt that the lender, which will report…