The UK government is nearing the end of its long journey to reduce its stake in NatWest, which has dropped below 1%. This marks a pivotal moment in the UK's post-crisis financial restructuring, concluding the bailout that began during the 2008-09 financial crisis when taxpayers were left holding an 84% stake. Efforts to divest have led to losses, as all disposals occurred at prices below the original bailout average. With NatWest CEO Paul Thwaite focused on growth and acquisitions, this exit highlights the transformation of a once-troubled institution back into a fully private entity.
The government's stake in NatWest has fallen to less than 1%, marking a significant step in exiting the crisis-era bailout of the bank.
NatWest's return to private hands signals the end of the UK's largest banking rescue, initiated following the significant crisis of 2008-09.
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