NatWest pleads guilty to US fraud charges, to pay $35m A unit of NatWest Group has agreed to pay about $35m and pleaded guilty to wire and securities fraud in relation to a long-running scheme ... Business • 22 Dec 21
Permanent TSB to buy €7.6 billion of Ulster Bank assets Permanent TSB has formally agreed to acquire €7.6 billion worth of assets from Ulster Bank Ireland. Business • 17 Dec 21
NatWest to pay £265m for money laundering offences NatWest is to pay £265 million in fines, after pleading guilty to failing to prevent the laundering of nearly £400 million. Business • 13 Dec 21
NatWest profit triples despite money laundering charge NatWest's profit tripled in the third quarter as Britain's resurgent economy buoyed its finances, but its margins contracted in a sign of potentially tougher times ... Business • 29 Oct 21
Permanent TSB's new lending up 50% in third quarter Permanent TSB has reported a big increase in new lending, growth in its share of the mortgage market and a further reduction in non-performing loans ... Business • 28 Oct 21
NatWest earmarks £100 billion for sustainable finance British lender NatWest is planning to increase lending linked to sustainable and climate-related finance to £100 billion by 2025. Business • 13 Oct 21
NatWest pleads guilty to money laundering offences NatWest has today pleaded guilty to failing to prevent the laundering of nearly £400m, the first bank in Britain to admit to such an offence. Business • 07 Oct 21
How will Ulster Bank's deal with PTSB affect customers? An agreement has been reached between Permanent TSB, Ulster Bank and its parent company NatWest which could see the sale of parts of Ulster Bank's ... Business • 23 Jul 21
Permanent TSB in potential deal for Ulster Bank loans Shares in Permanent TSB soared over 16% today after it announced a potential deal worth about €7.6 billion to buy some elements of Ulster Bank's ... Business • 23 Jul 21
UK government to sell 15% of NatWest via share sale Britain's government has today unveiled a blueprint for returning NatWest to majority private ownership within a year, more than a decade since bailing out the ... Business • 22 Jul 21
AIB to buy €4.2 billion of Ulster Bank commercial loans AIB has agreed a deal to buy about €4.2 billion of performing corporate and commercial loans from Ulster Bank. Business • 28 Jun 21
Four banks warned over competition rule breaches in UK The UK competition watchdog has warned banks Monzo, NatWest, Virgin Money and Bank of Ireland over breaching rules requiring them to send banking transaction histories ... Business • 22 Jun 21
Only 13% of NatWest staff to return to office full-time NatWest expects only about 13% of its staff to return to primarily office-based working, the lender said today as it revealed a three-pronged approach to ... Business • 01 Jun 21
PTSB: Talks ongoing on purchase of Ulster Bank assets The chief executive of Permanent TSB has said he thinks the fact that discussions are still ongoing with NatWest about the possible purchase of certain ... Business • 19 May 21
London's 'Golden Age' is over - NatWest chairman The City of London's "Golden Age" as Europe's financial capital is over following Brexit, but it will remain a major and profitable centre, NatWest chairman ... Business • 18 May 21
UK govt completes £1.1 billion NatWest shares sales The UK government has completed the sale of £1.1 billion in shares of NatWest, lowering its stake to below 55% in the lender it bailed ... Business • 11 May 21
Ulster Bank's Q1 income falls as exit remains on track Ulster Bank has reported lower income and profits for the three months to the end of March as it continues to prepare for an exit ... Business • 29 Apr 21
NatWest returns to profit in first quarter of 2021 UK lender NatWest returned to profit in the first quarter of 2021 after joining rivals in releasing some of the cash it had set aside ... Business • 29 Apr 21
NatWest money laundering case linked to second trial Criminal money laundering charges against UK bank NatWest are linked to a separate case against 13 individuals based in cities across the country, prosecutors have ... Business • 22 Mar 21
NatWest to buy back £1.1 billion of shares from UK govt NatWest will buy back £1.1 billion of its shares from the UK government in the first off-market deal since the British bank was bailed out ... Business • 19 Mar 21
NatWest faces action over money laundering offences The UK financial regulator said today it had launched criminal action against a unit of NatWest over money laundering offences. Business • 16 Mar 21
Some Ulster Bank Ireland ratings downgraded by Fitch Ratings agency Fitch has downgraded Ulster Bank Ireland's (UBI) Long-Term Issuer Default Rating and Support Rating. Business • 11 Mar 21
NatWest's privatisation target delayed to 2026 The British government has said it will need an extra year to fully return state-backed lender NatWest to private hands, targeting 2026 to sell its ... Business • 03 Mar 21
Ulster Bank defends decision on withdrawal announcement The chief executive of Ulster Bank has defended the decision of the bank and its parent NatWest not to give advance warning of its plan ... Business • 23 Feb 21
Too early to predict Ulster loan sale success - Donohoe Minister for Finance Paschal Donohoe has said it is too early to say if the negotiations between Permanent TSB and NatWest turn out to be ... Business • 21 Feb 21
