Paul Thwaite says government’s exit from its stake in bank could come in first half of 2025 and will be a ‘great moment’The chief executive of NatWest has said the bailed-out bank is on a “fast trajectory to private ownership”, with the government likely to fully exit its stake within the first half of 2025.Paul Thwaite said it would be a symbolic moment for NatWest Group staff and the wider banking sector, allowing the industry to close another chapter of the fallout from the 2008 banking crash. Continue reading…
Source link : https://www.theguardian.com/business/2024/dec/03/natwest-on-fast-trajectory-back-to-private-ownership-boss-says
Author : Kalyeena Makortoff Banking correspondent
Publish date : 2024-12-03 10:22:00
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NatWest on fast trajectory back to private ownership, boss says
