UK extends trading plan to sell stake in NatWest The British government is extending a trading plan to help sell down the taxpayer's stake in NatWest Group by another 12 months, as chills in … Business • 22 Jun 22
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
Former CEO of Ulster Bank Cormac McCarthy dies aged 58 The death has taken place of Cormac McCarthy, the former chief executive of Ulster Bank and First Active Building Society. Business • 07 Jul 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
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'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
NatWest tumbles to first half loss on bad loan charge NatWest Group plunged into the red in the first half of the year after setting aside a fresh £2.1 billion provision against a potential surge … Business • 31 Jul 20
RBS changes name to NatWest Group Royal Bank of Scotland has hailed a "historic" milestone as it formally changes its name to NatWest Group in a shift away from the brand … Business • 22 Jul 20
Royal Bank of Scotland to change name to Natwest Group Royal Bank of Scotland will formally change its name to NatWest Group on July 22, in a move aimed at distancing the state-backed lender from … Business • 16 Jul 20
RBS chairman calls on BoE to lift dividend curbs The chairman of Royal Bank of Scotland has called on the Bank of England to lift curbs on dividends by the autumn to make lenders … Business • 03 Jul 20
RBS profits halved by coronavirus hit, drops Bó brand Royal Bank of Scotland said its profits halved in the first quarter, as it set aside £802m against a likely spike in bad loans due … Business • 01 May 20
RBS to slash investment bank, rebrand as NatWest Royal Bank of Scotland's new chief executive Alison Rose unveiled a new strategy for the bank today, including radically cutting back the size of its … Business • 14 Feb 20
Ulster Bank pays €0.5 billion dividend to parent group Ulster Bank, a subsidiary of Royal Bank of Scotland, is to pay €0.5 billion dividend to its parent group, NatWest Holdings, as it further normalises … Business • 17 Dec 19
RBS swings to Q3 loss on £900m PPI charge Royal Bank of Scotland highlighted the challenges facing its new chief executive Alison Rose today, as a weak performance at its investment bank NatWest Markets … Business • 24 Oct 19
Thomas Cook seeking extra £200m to avert collapse Thomas Cook urgently needs £200m to satisfy its lenders or one of the world's oldest holiday companies could collapse in the next few days. Business • 20 Sep 19
RBS makes fresh £600-900m provision for PPI claims Royal Bank of Scotland could have to shell out a further £900m to settle a final compensation bill for mis-selling payment protection insurance after a … Business • 04 Sep 19
Australia's NAB turns to RBS chief McEwan as new CEO National Australia Bank has hired the man credited with turning around Royal Bank of Scotland as its new chief executive, as it moves on from … Business • 19 Jul 19
EU fines five major banks for currency collusion The European Commission has today fined Barclays, Citigroup, JP Morgan, Japan's MUFG and Royal Bank of Scotland a combined €1.07 billion for rigging the multi-trillion … Business • 16 May 19
7 banks face EU competition fines for forex rigging Barclays, Citigroup, HSBC, JPMorgan and three other banks are set to be fined by EU competition regulators in the coming weeks for rigging the multi-trillion … Business • 10 May 19
RBS reports dip in Q1 profits due to Brexit uncertainty Royal Bank of Scotland has reported a dip in first-quarter profit as the lender was held back by economic uncertainty and competitive pressures. Business • 26 Apr 19
Royal Bank of Scotland's CEO McEwan to step down Royal Bank of Scotland is searching for a new chief executive after Ross McEwan said he was resigning, signalling a fresh start as it heads … Business • 25 Apr 19
UK taxpayers set to lose £31 billion on RBS rescue Britain's fiscal watchdog today increased its estimate of the likely loss to taxpayers from the 2008 rescue of Royal Bank of Scotland to £31 billion, … Business • 13 Mar 19
Brexit uncertainty hits Ulster Bank's credit rating Ulster Bank's credit rating has been put on rating watch negative by rating agency Fitch today amid increased Brexit uncertainty and the impact it could … Business • 07 Mar 19
RBS's dividend better than expected as profits double Royal Bank of Scotland has today unveiled a better than expected dividend for long-suffering investors after its profit more than doubled in 2018. Business • 15 Feb 19
Ulster Bank posts 'modest' profit of €15m for 2018 Ulster Bank has reported a "modest" operating profit of €15m for the year to the end of December, a marked improvement on the operating loss … Business • 15 Feb 19
