NatWest looks at 2027 buybacks after Evelyn disposal, eyes new capital room
NatWest Group Plc slipped 0.9% to trade at a 680.0p/680.4p sell-buy level in London early Wednesday, after opening at 687.6p. The bank’s market cap stood near £54.2 billion. The FTSE 100 rose 0.2% to 10,673.85 at 1057 GMT, supported by gains in energy names. For NatWest, capital might be the bigger issue than Tuesday’s price move. The Bank of England outlined plans to relax leverage-ratio rules for the UK’s biggest banks, with a projected 20 basis-point drop in total leverage demands. Reuters reported the changes would apply to large domestic banks like Lloyds Banking Group Plc, NatWest, and Santander UK.