Paul Thwaite secures biggest payment for NatWest CEO since the controversial Fred Goodwin in 2006
NatWest CEO Compensation Rising Paul Thwaites has stepped into the role as NatWest’s highest-paid chief executive since Fred Goodwin, who earned £7.7 million just before the 2008 financial crisis. Thwaites, who guided the bank to full private ownership last year, earned a compensation package totaling £6.6 million in 2025, marking a one-third increase compared to […]
Evelyn Partners aims to approach NatWest and RBC as possible buyers
Potential Sale of Evelyn Partners in Motion According to sources familiar with the matter, the private equity owner of Evelyn Partners, one of the largest wealth management firms in the UK, is planning to sell the business. NatWest and the Royal Bank of Canada have emerged as possible buyers. This move reflects ongoing consolidation within […]
NatWest decides against offering to buy TSB
Natwest Withdraws from TSB Bid Natwest has opted out of pursuing TSB, a notable player in the UK High Street banking scene, eliminating one of the frontrunners in a sales process that was likely to draw interest from major banks. Previously, state-owned banks also made the choice to steer clear of acquiring Sabadell-owned retail banks, […]
NatWest issues an apology for the banking app being down.
NatWest Apologizes for Online Banking Issues NatWest has issued an apology after customers experienced difficulties accessing their bank accounts following the removal of the mobile banking app in the UK. More than 3,000 reports were logged on an outage detection site as problems began around 09:10 GMT. The bank stated on its service status page […]
NatWest chair thanks UK taxpayers for bailout ahead of return to private ownership – The Guardian
Natwest’s chairman thanked UK taxpayers for the bank’s 2008 relief just weeks before the bank returned to private ownership, ensuring shareholders that their bosses have “fixed past issues” and will not “open a flood of risk” despite government pressure. Rick Haythornthwaite commented that a small group of shareholders gathered on Wednesday at the Gogerburn campus […]
NatWest criticised over £1.2m pay for boss with ‘limited experience’ | NatWest Group
NatWest has paid its new boss a £1.2m salary despite his “limited experience” as chief executive amid a shareholder backlash in the City of London over high corporate pay. has been criticized as As the government prepares to sell its stake in the bank ahead of the general election, Institutional Shareholder Services (ISS) has announced […]
Higher interest rates help NatWest make biggest yearly profit since 2007 – Yahoo Finance UK
NatWest Group has reported its best annual profit since just before the 2008 financial crisis, as it marks a departure from the recent bank demonetisation spree with the appointment of a permanent boss. New CEO Paul Thwaite said he was “focused on what we can control”, such as building profits and cutting costs. His appointment […]