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Natwest Group PLC

Brits snap up lower mortgages as BOE cut boosts market

by Adrian Jhonsan
Brits snap up lower mortgages as BOE cut boosts market

Richard Newstead | Moment | Getty Images LONDON — Britain’s biggest high street lenders are continuing to slash borrowing costs after the Bank of England’s first interest rate cut in four years …

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Categories World

Global selloff eases; earnings, U.S. inflation

by Adrian Jhonsan
Global selloff eases; earnings, U.S. inflation

LONDON — European markets were higher on Friday as a global stock selloff eased and investors awaited a U.S. inflation print. The pan-European Stoxx 600 was last 0.37% higher at …

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Categories World

Monzo boosts funding to $610 million to crack U.S., launch UK pensions

by Ev Richard
Monzo boosts funding to 0 million to crack U.S., launch UK pensions

British neobank Monzo said Wednesday that it’s raised another $190 million, lifting the total it’s raised so far this year to $610 million. The company told CNBC it raised the …

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Categories Technology

NatWest chair criticised for saying not that difficult to buy a home

by Adrian Jhonsan
NatWest chair criticised for saying not that difficult to buy a home

Howard Davies, chairman of Natwest Group Plc. Bloomberg | Getty Images The chair of one of Britain’s biggest banks faced a backlash Friday after saying it is not “that difficult” …

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Categories World

NatWest slides as regulator finds potential breaches over Farage case

by Adrian Jhonsan
NatWest slides as regulator finds potential breaches over Farage case

The logo of NatWest, a retail unit of RBS, outside a bank branch in London, U.K., on Tuesday, June 26, 2012. Simon Dawson | Bloomberg | Getty Images Trading in …

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Metro Bank expected to struggle to raise capital with ‘no easy solutions’

by Adrian Jhonsan
Metro Bank expected to struggle to raise capital with ‘no easy solutions’

The U.K.’s embattled Metro Bank has launched talks to sell a third of its mortgage book in an urgent attempt to shore up its balance sheet. Matthew Horwood | Getty …

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Categories World

JPMorgan Chase UK shouldn’t ‘deplatform’ crypto industry

by Ev Richard
JPMorgan Chase UK shouldn’t ‘deplatform’ crypto industry

Brian Armstrong, chief executive officer of Coinbase Global Inc., speaks during the Messari Mainnet summit in New York, on Thursday, Sept. 21, 2023. Michael Nagle | Bloomberg | Getty Images …

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Categories Technology

NatWest CEO Alison Rose steps down amid media controversy

by Adrian Jhonsan
NatWest CEO Alison Rose steps down amid media controversy

NatWest Group CEO Alison Rose has resigned following the controversy surrounding the termination of Nigel Farage’s bank account by sister lender Coutts. Rose admitted to discussing the details of Farage’s …

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Categories World

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