by bondevalue | May 12, 2021 | Banks
The UK government sold a £1.1bn ($1.5bn) stake in NatWest Group, which had received an injection of over $63bn during the 2008 financial crisis. The Treasury sold 580mn NatWest shares to undisclosed institutional investors at 190p per share via an accelerated book...
by bondevalue | Mar 17, 2021 | Financial Institution Bonds
National Westminster Bank (NatWest), owned 62.4% by the UK government, faces criminal proceedings as the Financial Conduct Authority charged the lender with anti-money laundering failures. The FCA alleges that NatWest failed to comply with anti-money laundering rules...
