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NWG / NatWest plunges 11% after cutting outlook, Farage fall-out
NWG News
By Proactive Investors
October 30, 2023
NatWest guidance slashed, earnings a ‘major disappointment' says this analyst
British lender NatWest Group PLC (LSE:NWG)'s third-quarter earnings were “a major disappointment”, according to Citi, which in a scathing research more_horizontal
By Market Watch
October 27, 2023
NatWest shares plunge as bank cuts guidance and admits ‘serious failings' in treatment of Brexit campaigner Nigel Farage
Shares in NatWest NWG, -11.37% fell 12% on Friday after the British bank cut its guidance and admitted “serious failings” in its treatment of Brex more_horizontal
By CNBC
October 27, 2023
NatWest admits 'serious failings' in Nigel Farage incident; shares slide after earnings
A review into the closure of Brexit figurehead Nigel Farage's account found "potential regulatory breaches and a number of areas for improvement." more_horizontal
By Bloomberg Markets and Finance
October 27, 2023
NatWest's Margin Guidance Cut Prompts Shares to Plunge
NatWest Group Plc lowered its margin guidance as customers shift into fixed-term accounts to take advantage of better rates, forcing the bank to spend more_horizontal
By Proactive Investors
October 27, 2023
NatWest plunges 11% after cutting outlook, Farage fall-out
NatWest Group PLC (LSE:NWG) shares plunged 11% in early exchanges after it lowered full-year net interest margin guidance and admitted "serious failin more_horizontal
By Proactive Investors
October 27, 2023
NatWest admits to "serious failings" in treatment of Nigel Farage
NatWest Group PLC (LSE:NWG) has admitted to “serious failings” in the treatment of Nigel Farage and “clear shortcomings” in how the decision t more_horizontal
By Proactive Investors
October 27, 2023
NatWest reports margin squeeze, Farage exit was "lawful"
NatWest Group PLC (LSE:NWG) saw its net interest margin fall in the third quarter as more customers moved funds to savings accounts to benefit from hi more_horizontal
By Reuters
October 27, 2023
UK watchdog finds potential NatWest 'regulatory breaches' in Farage fiasco
British watchdog the Financial Conduct Authority said on Friday that it had identified potential "regulatory breaches" in NatWest's handling of a deci more_horizontal