NatWest Group PLC - Edinburgh, Scotland-based lender - Announces results of cash tender offer for its outstanding 5.125% subordinated Tier 2 notes due 2024. Says USD339.7 million of outstanding notes validly tendered by April 3. Estimates that impact of tender on its second quarter results will be minimal. Settlement date is expected to be April 5. Read More
NatWest Group PLC - Edinburgh-headquartered lender - Prices cash tender offer for its outstanding 5.125% subordinated tier 2 notes with a maturity date of May 28, 2024. Purchase price is USD996.76 per USD1,000 based on a 4.064% reference yield and the fixed spread of 135 basis points. Principal amount currently outstanding is USD876.1 million out of USD2.25 billion issued. Read More
(Alliance News) - Stocks were mixed at midday in London on Monday, as heavyweight oil stocks in the FTSE 100 were boosted by a surprise Opec+ production cut, but mid-cap shares suffered from a weak reading on the UK factory sector. Read More
(Alliance News) - UK Government Investments Ltd on Monday said it has agreed to extend, for the second time, the sale of part of the Treasury's shareholding in NatWest Group PLC. Read More
(Alliance News) - Stocks in London opened higher on Monday morning, ahead of a slew of PMI scores in Europe and the US, whilst oil prices surged after a surprise Opec production cut. Read More
(Alliance News) - Two of the UK's biggest banking groups have announced plans to make big cuts to their branch networks this year, cutting more than 80 sites from around the country. Read More
(Alliance News) - Large-cap equities in Europe went into Wednesday afternoon on the front foot, with the market mood lifted by a rally in Chinese technology shares and continued optimism that a full-blown banking crisis will be averted. Read More
(Alliance News) - Stock prices in London were higher at midday on Monday, as investor sentiment was lifted by the news that a US bank will buy more USD70 billion dollars of Silicon Valley Bank assets. Read More
(Alliance News) - Stock prices in London opened higher, as the banking sector remains in the spotlight following news of the acquisition of assets of Silicon Valley Bank in the US. Read More
(Alliance News) - Stocks in London were deep in the red at midday on Friday, despite some positive data for the UK private sector, as banking stocks slumped. Read More
(Alliance News) - Stock prices in London on Wednesday ended mixed as hotter than expected inflation figures put the spotlight on the Bank of England ahead of its interest rate decision on Thursday. Read More
(Alliance News) - Stock prices in London were largely lower at midday on Wednesday, as in-coming interest rate decisions from the US Federal Reserve and the Bank of England weighed on investors' minds. Read More
(Alliance News) - Stock prices in London closed sharply higher on increased confidence that a full-blown banking crisis has been avoided, following concerted action across the globe. Read More
(Alliance News) - Stock prices in London were higher at midday on Tuesday, with banking stocks continuing to lead the rise in the FTSE 100 as market fears of a banking crisis subsided. Read More
(Alliance News) - Stock prices in London opened higher on Tuesday, with banks at the top of the FTSE 100 after a tumultuous few days for the financial sector. Read More
(Alliance News) - Stock prices in Europe closed higher as the USD3.25 billion rescue of embattled lender Credit Suisse by its rival UBS calmed worries of contagion in the banking sector. Read More
(Alliance News) - Stock prices in London were largely lower at midday on Monday, though the FTSE 100 edged into the green in the first tentative sign market sentiment may be improving after Credit Suisse's USD3.25 billion takeover by UBS. Read More
(Alliance News) - Following frantic weekend negotiations, beleaguered lender Credit Suisse Group AG has been taken over by its local rival UBS Group AG, saving the bank from total collapse but failing to quell market concerns. Read More