NatWest Group plc (NWG)
Pre-market:
| Previous close | 6.00 |
| Open | 5.98 |
| Bid | 6.02 x 1800 |
| Ask | 6.03 x 21500 |
| Day's range | 5.96 - 6.02 |
| 52-week range | 4.71 - 7.80 |
| Volume | |
| Avg. volume | 1,280,325 |
| Market cap | 26.541B |
| Beta (5Y monthly) | 1.25 |
| PE ratio (TTM) | 5.38 |
| EPS (TTM) | 1.11 |
| Earnings date | N/A |
| Forward dividend & yield | 0.39 (6.53%) |
| Ex-dividend date | 10 Aug 2023 |
| 1y target est | 8.93 |
- Financial Times
NatWest’s Howard Davies urges BoE to take in ‘national interests’ over bank capital
NatWest chair Sir Howard Davies has called on UK regulators to embrace a bank-friendlier approach when setting rules on capital requirements, which would take in “legitimate national interests”. Watchdogs at the Bank of England should “carefully” watch the fierce US backlash against hiking capital before finalising their own version of the latest global rules, Davies said on Tuesday. The Federal Reserve’s proposals on the final package of Basel reforms envisage a 16 per cent rise in US banks capital, prompting JPMorgan Chase’s veteran chief executive Jamie Dimon to ponder whether his regulators “want banks to ever be investible again”.
- Financial Times
UK regulator finds no evidence of politicians being ‘debanked’ over views
A review by the chief UK financial regulator has uncovered no evidence that politicians are being denied bank accounts because of their views, according to people briefed on the findings. The Financial Conduct Authority launched a probe in August, weeks after former UK Independence party leader Nigel Farage unleashed a debate on free speech by claiming his accounts with private bank Coutts were about to be closed because his views “did not align” with the lender. The row over the “debanking” of Farage sparked complaints from other politicians about their treatment by lenders, prompting the government to order a review by the FCA.
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