TheGuardian

JULY 22, 2021

Rolling coverage of the latest economic and financial news UK to trim its NatWest shareholding Shares bought during 2008 bailout of Royal Bank of Scotland UK now owns 54.7% 8.57am BST Shares in NatWest have dropped in early trading, as investors anticipate the UK government selling some of its stake over the next 12 months. at 196.15p.

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Groups Marketing Management Operations 90

TheGuardian

NOVEMBER 22, 2023

of the high street bank it bailed out in the 2008 financial crisis Business live – latest updates The UK government will explore options for selling off its remaining 38.6% stake in the high street lender NatWest Group to the public within a year, bringing it back to full private ownership, Jeremy Hunt has announced.

Groups 58

Groups Retail Marketing 58

Chris Skinner

DECEMBER 14, 2017

Things we’re reading today include … NatWest bank spat prompts web security changes Deutsche Bank sells chunk of Polish business to Santander Britain’s indebted credit card customers could save up to £1.3bn under new rules Tech groups jostle for advantage in Indonesian digital payments The top grossing Christmas films of … The (..)

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Groups Security Cards Payments 179

TheGuardian

NOVEMBER 12, 2020

Any acquisition would be the lender’s first major deal since its £45bn government bailout in 2008 NatWest Group is eyeing Sainsbury’s Bank for a potential takeover that could mark the lender’s first major acquisition since its bailout in 2008.

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Groups 76

TheGuardian

APRIL 29, 2021

Bank credits government support programmes for preventing wave of customer defaults during Covid crisis NatWest Group nearly doubled profits in the first quarter, as it credited government support programmes for preventing a wave of customer defaults during the Covid crisis. Continue reading.

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Groups 91

TheGuardian

MARCH 24, 2023

Stock markets slide as banking shares and oil prices tumble; Bank of England governor Andrew Bailey appeals to businesses to avoid price rises because higher inflation ‘hurts least well-off in society’ Stock markets are in the red again, with the FTSE 100 index down 67 points, or 0.9%, at 7,431, dragged down by banks NatWest Group , Barclays , Standard (..)

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Marketing Groups 102

TheGuardian

JUNE 1, 2021

Post-pandemic rules mean a third of bank’s staff have to attend in person only two days a month NatWest Group is preparing for a future where just 13% of staff work from the office full-time, as it becomes the latest major business to plan new remote working rules beyond the pandemic.

Groups 76

Groups 76

PYMNTS

JANUARY 22, 2020

For companies like SmartEquip and Unified Payments Group , that means introducing new ways to lift the burden of suppliers accepting cards. For others, like NatWest and Sabre , that means collaborating on corporate card products that augment the end-user experience. NatWest Bolsters SMB Loans With Cards.

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Cards New York Lending Strategy 131

TheGuardian

FEBRUARY 21, 2023

The big five banks – Barclays, HSBC, Lloyds TSB, NatWest and Standard Chartered – look set to post profits of £37.4bn as they reveal their earnings for 2022. These are the highest since the 2008 crash and are coming straight from households and small businesses in the form of higher mortgage payments, and increased rates on loans.

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Taxes Groups Report Payments 75

TheGuardian

DECEMBER 14, 2021

Independent review finds City regulator changed compensation rules after pressure from UK banks Sajid Javid and George Osborne put pressure on the City’s financial regulator to reduce compensation payouts from big banks to small business victims of a mis-selling scandal, an independent review has found.

Regulation 77

Regulation Groups Payments 77

TheGuardian

NOVEMBER 4, 2020

Bank urged to put restructuring plans on hold because of Covid second wave Lloyds Banking Group plans to cut a further 1,070 jobs despite reporting better-than-expected profits on the back of a UK mortgage boom less than a week ago. Related: NatWest warns of challenging times ahead despite return to profit Continue reading.

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Groups Report 89

TheGuardian

JULY 30, 2020

Some companies, such as Google and NatWest Group, are allowing workers to stay at home until 2021 amid signs of a permanent shift in working culture. Continue reading.

Company 99

Company Analysis Google Groups 99

The Paypers

OCTOBER 21, 2022

NatWest has entered into a strategic partnership with the Vodeno Group to create a Banking-as-a-Service (BaaS) business in the UK.

Groups 36

Groups 36

PYMNTS

NOVEMBER 17, 2020

supermarket Sainsbury's said it has been approached by numerous potential suitors for its banking business, Sainsbury's Bank , according to a report from Express and Star. Last week, it was reported that NatWest Group , formerly the Royal Bank of Scotland, was interested. billion pounds (about $1.9

Report 143

Report Groups Company 143

PYMNTS

NOVEMBER 26, 2019

-based independent finance provider 1pm is opening new facilities for the group’s loan division to enable it to better serve small and medium-sized businesses (SMBs), the company announced on Tuesday (Nov. An additional £5 million was earmarked for the group’s loan business, which was previously established with long-standing funders.

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Lending Risk Management Policies Meeting 141

PYMNTS

SEPTEMBER 23, 2019

Its other members include BNP Paribas, Commerzbank, ING, LBBW, Anglo-Gulf Trade Bank, Standard Chartered Bank, Natixis, Bangkok Bank, SMBC, Danske Bank, NatWest, DNB, OP Financial Group, Alfa-Bank, Bradesco, BayernLB, Helaba, S-Servicepartner, Raiffeisen Bank International, Standard Bank, Credit Agricole and National Bank of Fujairah.

America 148

America Capital National Groups 148

Bobsguide

OCTOBER 7, 2022

Helen joins from Natwest Group, where she was a member of the executive team and held the position of Chief Human Resources Officer. He said, “Helen is passionate about personal development and building skills and capabilities for our employees that enable growth and boost business performance.

Leadership 122

Leadership Software Resources Lending 122

PYMNTS

APRIL 28, 2017

Navigating the global payments maze is a real headache for merchants and is especially painful for growing eCommerce businesses that are expanding around the world and quickly need multiple acquirers. Keenan previously was in charge of Zapp, the VocaLink-backed mobile payments startup that Mastercard purchased earlier this year.

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Comparison Fintech Branding Payments 166

The Paypers

APRIL 13, 2018

(The Paypers) Business finance company MarketInvoice has joined a group of alternative finance companies on NatWest’s Capital Connections panel.

Capital 28

Capital Groups Company 28

PYMNTS

APRIL 24, 2017

Small business lending activity across the globe is in flux. China saw a whopping 17 percent increase in small business lending in Q1, while U.S. and Canada, meanwhile, see their small businesses struggling to find financing. CAPEX, COGS and ROCE — technical terms that make London’s small businesses struggle to get cash.

Lending 100

Lending US Capital Community 100

PYMNTS

OCTOBER 2, 2018

trillion of losses that accrue to businesses, and the fact that 47 percent of firms were victims of financial crime last year. However, as he noted, “even in the smaller and medium-sized businesses, I think they may just not know what to do when these things happen.” He also noted that Vocalink has been working with NatWest in the U.K.

Fraud 149

Fraud Course System Big Data 149

Fintech Labs Insights

JANUARY 20, 2017

NatWest has agreed to provide FreeAgent’s SaaS business banking solution to its small business clients this year. FreeAgent also signed an agreement with The Royal Bank of Scotland that will put its cloud-based accounting solution in the hands of RBS’s small business customers.

Taxes 12

Taxes Capital Mobile Software 12

TheGuardian

APRIL 7, 2024

Governance adviser says Paul Thwaite could have been offered lower starting salary than predecessor Alison Rose NatWest has been criticised for paying its new boss a salary of £1.2m despite his “limited experience” as a chief executive, amid a wider shareholder backlash in the City of London over bumper corporate pay.

Groups 93

Groups 93

Tomorrow's Transactions

JUNE 6, 2016

As the chair of the techUK payments group (techUK is the trade association for the British technology industry), I’ve been taking part in the Financial Services Passport Working Group that started discussing the issue a couple of years ago. Now suppose I go to open account with the NatWest.

blockchain 30

blockchain Fraud Data Examples 30

TheGuardian

APRIL 26, 2024

For first time since August 2021 people expect position to be better in a year, Paul Thwaite adds Consumer confidence is bouncing back in the UK, with people predicting a brighter financial future for the first time in two years, NatWest has said. Headline consumer price inflation is still above the Bank of England’s 2% target at 3.2%

Groups 55

Groups 55

TheGuardian

APRIL 20, 2024

The prospect of home loan rates staying high for longer is not the tonic for lenders’ financial results it once was Mortgage borrowers who had been holding out for more affordable rates had their hopes dashed last week, as disappointing economic data raised the likelihood of borrowing costs staying higher for longer.

Data 56

Data Marketing Groups 56

TheGuardian

MARCH 21, 2024

HSBC and NatWest have provided tens of millions in finance to Ithaca Energy, a British oil and gas company that is playing a key role in plans to exploit the controversial Rosebank oilfield north-west of the Shetland Islands.

Company 85

Company Groups 85

Fintech Labs Insights

MAY 18, 2017

additiv’s Digital Finance Suite (DFS) recently began powering Natwest’s new robo -advice offering , which launched for the U.K. This comes after the company piloted similar projects with Coutts, a private bank, and RBS Group. savings and investment market. The post Additiv Lands $25.5

US 16

US Meeting Tools Groups 16

TheGuardian

JANUARY 5, 2024

Howard Davies criticised as being ‘out of touch’ with number of first-time buyers at lowest level in a decade The chair of NatWest has claimed it is not “that difficult” to get on the property ladder, despite the number of first-time buyers with a mortgage falling to the lowest level in a decade. “I

Groups 106

Groups Marketing 106

TheGuardian

DECEMBER 15, 2023

Independent review, launched after Nigel Farage’s complaints, finds bank may have breached procedural rules An independent review has found no evidence that NatWest Group’s private bank Coutts has been closing customer accounts due to their political views, but found it may have breached rules by failing to give due notice or explain why they were (..)

Report 111

Report Groups 111

PYMNTS

AUGUST 5, 2020

’s NatWest announced its commercial cards would now be compatible within Apple Pay, highlighting the security of mobile wallet transactions as a key factor behind the decision. Emburse’s v-card offering allows businesses to generate the single-use cards from within Chrome. Apple Pay Lands More Commercial Cards.

Cards 159

Cards Apple Mobile America 159

TheGuardian

FEBRUARY 15, 2024

Pre-tax figure of £6.2bn comes as bank confirms Paul Thwaite will take over permanently as CEO Business live – latest updates NatWest made its biggest annual profit last year since the 2007 financial crisis, helped by high interest rates, as the bank confirmed the interim boss Paul Thwaite would permanently take over as its chief executive before a (..)

Report 85

Report Taxes Groups 85

TheGuardian

FEBRUARY 28, 2024

State’s one-third share in the bank, now worth about £6.7bn, is left over from the 84% holding taken during the 2008 financial crisis The UK government will look to raise as much as £3bn-£4bn from selling a chunk of its shares in NatWest bank to the public in a measure expected to be announced by the chancellor in his budget next week.

Retail 77

Retail Groups Marketing 77

TheGuardian

SEPTEMBER 9, 2023

City veteran and former MasterCard boss Rick Haythornthwaite worked for PetroSaudi International (UK) Ltd, the oil group’s British arm, for eight years, earning £200,000 a year.

Groups 111

Groups Company 111

TheGuardian

NOVEMBER 6, 2023

The Information Commissioner’s Office (ICO) appeared to back-pedal on findings released last month, which originally suggested Rose had broken rules by confirming the former Ukip leader had accounts with the private bank Coutts, and misleading a journalist over why it planned to close them.

Data 97

Data Groups Technology 97

TheGuardian

NOVEMBER 10, 2023

Move follows resignation of CEO over row linked to closure of former Ukip leader’s bank accounts NatWest has scrapped more than £7.5m that was due to be paid to Alison Rose, the banking group’s former chief executive, who was forced to resign over a scandal linked to the closure of Nigel Farage’s bank accounts.

Groups 92

Groups 92

TheGuardian

MAY 21, 2022

One thing he is not especially worried about is the health of the bank he chairs, NatWest, which in its former guise as Royal Bank of Scotland was on the edge of collapse during the global financial crisis of 2008. He is worried about the long-term impact of Brexit on the City of London. Continue reading.

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Regulation Policies Groups 145