UK government's stake in NatWest Group falls below 20% for the first time since 2008 crisis.

The UK government's stake in NatWest Group has fallen below 20% for the first time since the bank was nationalized during the 2008 financial crisis. The Treasury's stake now stands at 19.97%, down by almost one percentage point. NatWest's CEO, Paul Thwaite, expressed the bank's intention to return to full private ownership, stating it would be in the best interests of both the bank and its shareholders.

July 15, 2024
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