NatWest Can at Last Move on -- Market Talk

Dow Jones
02 Jun

0725 GMT - The U.K. government's full exit from NatWest is a symbolic move rather than a turning point, Interactive Investor says in a market comment. "The technical overhang of the stake had been a heavy weight on the share price and the group can at last move on," analyst Richard Hunter writes. The state's more than 10-billion-pound loss is something of a red herring since the action it took during the financial crisis was a simple bailout rather than an investment. Whether the bank uses its new-found freedom to pursue a more aggressive acquisition policy, to invest in organic growth or to boost shareholder returns remains to be seen, he adds. Shares edge up 0.3% to 526 pence. (elena.vardon@wsj.com)

 

(END) Dow Jones Newswires

June 02, 2025 03:25 ET (07:25 GMT)

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