NatWest Group plc Aktie News

Royal Bank of Scotland (RBS) on Wednesday lost two lawsuits over unfair commissions that were charged to customers who were sold payment protection insurance (PPI), potentially increasing lenders' exposure to litigation over the long-running scandal.

A former Royal Bank of Scotland managing director is taking to the U.S. Supreme Court his bid to collect a whistleblower award of at least $490 million from the U.S. government for reporting what he called unlawful conduct related to mortgage-backed securities.

Royal Bank of Scotland, a part of NatWest Group PLC (LSE:NWG), is the worst-ranked personal current account provider in the UK according to a new survey by the competition watchdog. Virgin Money UK PLC (LSE:VMUK) and TSB Banking Group (LSE:TSB) also made the bottom three for their personal accounts, said the Competition and Markets Authority.

British airline easyJet said on Monday it had appointed former RBS chief executive Stephen Hester as its chair designate to succeed John Barton, after the incumbent boss steps down in December following nine years in the role.

Centrica PLC (LON:CNA) has fully repaired its balance sheet and a return to dividend payments is on the cards, according to RBC. “Many uncertainties remain in the CNA [Centrica] investment case including pensions, ongoing industrial action, a potential E&P [exploration & production] disposal and no clear guidance from management on earnings or dividends,” the broker said in a research note.

Natwest Group PLC (RBS) CEO Alison Rose on Full Year 2020 Results - Earnings Call Transcript

U.K. bank NatWest has rallied sharply since my bullish note in November. However, the business is faring better than hoped and 2021 looks set to be better than previously feared.

U.K. bank NatWest shows signs of recovering fast from the year's challenges. Bad debts are coming in at the low end of the range previously forecast.