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NatWest to Acquire Evelyn Partners for £2.7 Billion

2/10/2026

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Summary

Story summary

NatWest Group announced its £2.7 billion acquisition of Evelyn Partners, its largest purchase since 2008.
The deal is expected to close in summer 2026 and merge Evelyn Partners’ £69 billion with NatWest’s £59 billion in assets under management, totaling £127 billion.
The arrangement aims to lift NatWest’s fee income by about 20% and deliver £100 million in cost synergies, alongside a £750 million share buyback, per CEO Paul Thwaite.

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Story summary

NatWest Group announced its £2.7 billion acquisition of Evelyn Partners, its largest purchase since 2008.
The deal is expected to close in summer 2026 and merge Evelyn Partners’ £69 billion with NatWest’s £59 billion in assets under management, totaling £127 billion.
The arrangement aims to lift NatWest’s fee income by about 20% and deliver £100 million in cost synergies, alongside a £750 million share buyback, per CEO Paul Thwaite.