LONDON: British bank NatWest Group (NWG.L) upgraded its full-year income and profit guidance on Friday after higher lending and stable deposits helped it post a stronger-than-expected third-quarter attributable profit of £1.6 billion ($2.0 billion). The bank, one of Britain’s largest, reported a return on tangible equity (RoTE) – a key measure of profitability – of…
Tag: Paul Thwaite
Paul Thwaite appointed as NatWest Group CEO
LONDON, UK: The Board of NatWest Group plc has appointed Paul Thwaite as Group Chief Executive Officer and Executive Director with immediate effect. This follows his appointment on an initial 12-month basis in July 2023. Led by Chair Designate Rick Haythornthwaite, the NatWest Group Board has undertaken a rigorous and competitive search process, with support…