Metro Bank sells mortgage book to NatWest

02:41am, Friday, 26'th Jul 2024
Metro Bank Holdings PLC (LSE:MTRO) said it will sell its prime residential mortgage book to NatWest Group PLC (LSE:NWG) for around £2.5 billion, according to an update on Friday.  It comes as Metr
NatWest (LON: NWG) share price has done well this year, making it one of the best performers in the FTSE 100 index. It has risen by over 50%, beating the likes of Lloyds Bank, HSBC, and Barclays Banks
Banks and building societies will be required to make sure local communities have adequate access to cash as part of new regulations from the Financial Conduct Authority (FCA). Starting from 18 Septem
Lloyds Banking Group PLC (LSE:LLOY) kicks off the UK bank reporting season next week with, for once, City analysts suggesting it's not the best of the bunch. Having acquired former building society H
Shares in Lloyds Banking Group PLC (LSE:LLOY), Barclays PLC (LSE:BARC), NatWest Group PLC (LSE:NWG) and HSBC Holdings PLC (LSE:HSBA) all traded lower in Friday's early deals amidst uncertainty over th
UK banks NatWest Group PLC (LSE:NWG) and HSBC Holdings PLC (LSE:HSBA) look good currently for investors looking for income, according to Shore Capital. Based on the broker's income screen, the UK ba
The UK government has sold another chunk of its stake in NatWest Group PLC, bringing the shareholding to below 20%. According to a regulatory filing this morning, UK Government Investments Ltd reduce
Michelle Girard, NatWest head of U.S. coverage and CEO of NatWest Markets, joins 'Squawk Box' to discuss the latest market trends, what to expect from this morning's June CPI report, the Fed's rate pa
Does NatWest Group (NWG) have what it takes to be a top stock pick for momentum investors? Let's find out.
This Labour government poses little threat to the UK banks, according to analysts as Wall St bank Citi. Near-term implications from a Labour government are limited, Citi adds, with this quarter tipped
JP Morgan analysts have reiterated their positive outlook on UK banks, particularly highlighting Natwest Group PLC and Barclays PLC (LSE:BARC) as top picks in the sector. After meetings with senior le
Referring to NatWest Group PLC (LSE:NWG)'s simplification plans under new CEO Paul Thwaite, investment bank Keefe Bruyette & Woods (KBW) concluded that "executing this dream may prove more difficul
HSBC Holdings PLC (LSE:HSBA) has followed rivals Barclays and NatWest and started to cut its mortgage rates ahead of what is expected a run of base rate reductions to the end of the year and into 2025
NatWest (NWG) inks a deal to acquire the retail banking assets and liabilities of Sainsbury's Bank. This will strengthen its market presence and add scale.
Lloyds Banking Group PLC (LSE:LLOY) rating was unchanged by RBC whilst its analyst team lifted its sights for NatWest Group – with the price target moving to 360p from 355p. NatWest, which this week
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