NatWest Returns to Private Ownership as U.K. Government Completes Exit
The U.K. has fully exited its stake in NatWest NWG 0.31%increase; green up pointing triangle as governments across Europe move to unload holdings in banks they bailed out during the 2008-09 global financial crisis.
Following the rapid unwinding of its position in recent months, the Treasury sold its final shareholding in the British high street bank Friday.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Bloomberg
18 minutes ago
- Bloomberg
Cobalt Holdings Won't Proceed With London IPO
Cobalt Holdings Plc decided not to proceed with its planned initial public offering in London. The company made the announcement in a statement Wednesday afternoon. The offering had aimed to raise about $230 million to make an initial purchase of cobalt from mining giant Glencore Plc, and to pay for storage costs.


Bloomberg
19 minutes ago
- Bloomberg
FCA Official Emily Shepperd Departs Regulator After Four Years
The UK's Financial Conduct Authority said Chief Operating Officer Emily Shepperd will depart after four years at the watchdog. Shepperd overhauled the authorization system after complaints of persistent delays. Her departure was first reported by Financial News, which said she did not have her next role lined up.


Bloomberg
22 minutes ago
- Bloomberg
Carney Holds Back on Tariff Retaliation, Says US-Canada Talks Are Progressing
Prime Minister Mark Carney said Canada won't respond immediately to the Trump administration's doubling of steel and aluminum tariffs, and indicated that officials are in 'intensive discussions' about the trade relationship between the countries. 'Those discussions are progressing,' the Canadian leader told reporters Wednesday morning in Ottawa. The government will 'take some time' to consider its reaction to the US's latest move to hike tariffs on the foreign-produced metals to 50%, he said.