(Alliance News) - The chair of NatWest Group PLC said it has "fixed the issues of the past" and thanked UK taxpayers for their "intervention and support" as the bank nears a return to private ownership, 16 years after being bailed out by the UK government. Read More
(Alliance News) - J Sainsbury PLC on Thursday vowed to defend its market share as it forecast profits will flatline in the current financial year. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
BHP Group Ltd - Melbourne, Australia-based miner - Chair Ross McEwan buys 10,000 shares at AUD34.15, worth AUD341,537, about USD212,805, on Wednesday. McEwan, the former chief executive officer of National Australia Bank Ltd and Royal Bank of Scotland Group PLC, now NatWest Group PLC, has been a BHP board member for a year and took over the chair from Ken MacKenzie last week. Read More
(Alliance News) - London is called to open lower on Thursday, as the market digests the latest US tariff targeting the automobile industry, and ahead of UK Prime Minister Keir Starmer's appearance at a summit in Paris on Ukraine ceasefire talks. Read More
(Alliance News) - Nigel Farage has agreed to settle his debanking dispute with NatWest Group PLC nearly two years after a row over the closure of his accounts, which culminated in the resignation of the lending giant's chief executive. Read More
(Alliance News) - eEnergy Group PLC on Wednesday said it has launched SolarLife, a strategic expansion of its service offering designed to drive long-term recurring revenue. Read More
NatWest Group PLC - Edinburgh-based bank - UK Treasury has 3.95% stake in NatWest as of Monday, down from 4.82% previously, NatWest says in a stock exchange filing on Tuesday. The new holding follows the sale of 69.9 million shares since the last filing on March 13, when the UK government stake was down from 5.93%. The share sales are part of a trading plan that has been in place since July 2021. The government at one point had owned 84% of NatWest following a taxpayer bailout of what was then Royal Bank of Scotland Group during the financial crisis of 2008 and 2009. As recently as 2018, the Treasury held a 62% stake in NatWest, but it has been selling this down progressively since. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
(Alliance News) - Temple Bar Investment Trust PLC on Friday raised its dividend after reporting an improved net asset value, as NatWest Group PLC, Barclays PLC and Standard Chartered PLC contributed strongly to the portfolio in 2024. Read More
NatWest Group PLC - Edinburgh, Scotland-based bank - The UK government reduces its stake in NatWest to 4.82% on Wednesday from 5.93%, NatWest says in a stock exchange filing on Thursday. This reduced stake follows the UK's Treasury's sale of 88.9 million NatWest shares, worth about GBP392.0 million, since its last notification on February 28. The share sales are part of the trading plan that has been in place since July 2021. The UK government had owned 84% of NatWest following a taxpayer bailout of what was then Royal Bank of Scotland Group during the financial crisis of 2008 and 2009. As recently as 2018, the government held a 62% stake in NatWest, but it has been selling this down progressively since. Read More
(Alliance News) - NextEnergy Solar Fund Ltd on Wednesday said it has consolidated its two short-term revolving credit facilities into a single facility, reducing borrowing costs and simplifying its capital structure. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
(Alliance News) - Stocks were called higher on Wednesday despite promises of further tariffs from the US, following news that China's latest service sector reading surpassed expectations. Read More
abrdn PLC - Edinburgh, Scotland-based asset manager - Hires Siobhan Boylan to be chief financial officer, joining abrdn in the summer. Boylan currently is CFO of Coutts & Co, the private banking arm of NatWest Group PLC. She also is a non-executive director of abrdn peer Jupiter Fund Management PLC. Prior to Coutts, Boylan was CFO of City broker and former FTSE 250-constituent Brewin Dolphin and also worked at insurers and asset managers Legal & General Group PLC and Aviva PLC. At abrdn, Boylan will replace Interim CFO Ian Jenkins, who stepped in when Jason Windsor was promoted to chief executive officer from CFO. Once Boylan joins, Jenkins will move to CFO of abrdn's Investments business. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
(Alliance News) - The FTSE 100 closed in positive territory on Tuesday, although well off early highs, as a marked drop in US consumer confidence knocked Wall Street. Read More