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The Government confirmed a £10.5 billion loss since the bank was bailed out by UK taxpayers during the financial crisis.
Here’s a timeline with key dates from the bailout of NatWest through to its return to privatisation on Friday.
At its peak, the Government had an 84.4% shareholding in the group, and did not start selling shares until 2015.
The Treasury received a total of £35.0 billion from its shareholding in the company, or £10.5 billion less than what it paid ...
LONDON (AP) — The British government sold its remaining shares in NatWest bank, which it bailed out during the 2008 financial crisis, at a taxpayer cost of 10.5 billion pounds ($14.1 billion), the ...
Bill Ackman’s Pershing Square holds 2% of Fannie Mae’s equity and has a plan for privatizing the GSEs that is well-calibrated ...
NatWest - which was called RBS at the time - received almost £46bn of taxpayer funding in 2008 and 2009. The Chairman of ...
JPMorgan Chase CEO Jamie Dimon has regularly warned that the U.S. economy faces perils, but even as he sounds the alarm, his ...
The bank formerly known as RBS was a symbol of pre-global financial crisis era excess when the sprawling lender, riddled with ...
In the era of the global financial crisis and “The Big Short,” his tail-risk fund — a portfolio of instruments that benefit ...
The University event for early-career researchers and creators to present their work celebrated its 10th anniversary.
The Vatican doesn't disclose any financial payments it makes to popes, so how much they might be paid is left to speculation. What's clear is that while the pope doesn't earn a salary in a traditional ...
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