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NatWest Poised for Full Private Ownership by 2024

4/25/2025

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Summary

Story summary

NatWest Group is on the brink of full private ownership, a pivotal moment since its £46 billion government rescue in 2008. Chairman Rick Haythornthwaite thanked UK taxpayers for their crucial support during the crisis. With the government’s stake now below 3%, complete divestment is anticipated by mid-2024, signaling a new chapter for the bank.

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Story summary

NatWest Group is on the brink of full private ownership, a pivotal moment since its £46 billion government rescue in 2008. Chairman Rick Haythornthwaite thanked UK taxpayers for their crucial support during the crisis. With the government’s stake now below 3%, complete divestment is anticipated by mid-2024, signaling a new chapter for the bank.