Life comes at you fast if you are the person responsible for maintaining the shareholder register at NatWest.
A notice on Friday confirmed that the Government’s shareholding in the bank has fallen by about 3.5 percentage points to 22.5%.
Disposal of £1.24bn of shares via a buyback reduces state’s holding to under 23%
Shelving of a retail share offer to individual investors has been described as a “missed opportunity”.
The Government had planned a public share sale this summer but that has been pushed back because of the upcoming General Election.
The Government bailed out the bank after the Global Financial Crisis, and has been selling down its stake since
The UK Government has sold another chunk of NatWest shares as the lender continues its long return to full private ownership.
NatWest has extended the Mastercard Business Savings program to include small business debit card customers in the United Kingdom. Previously, the program was only available to NatWest and RBS business credit card holders, the bank said in…
NatWest has offered another way to help small businesses save when spending with money back on business spend
In a blow to the bank and ordinary investors, the sale that was planned for later this summer has been put on ice until after the vote on July 4.
Natwest has claimed the banking app should now be working as normal