1054 GMT - NatWest's CEO Paul Thwaite is confident that the bank can grow the business organically, he says in a call with reporters after its fourth quarter results when asked about M&A opportunities. NatWest last year held early-stage talks with Santander, which is reportedly looking to exit the U.K. retail market, according to the Financial Times, but the Spanish bank has said Santander UK isn't for sale. "In respect of acquisitions, it is a very high bar. Any acquisition needs to be financially compelling for shareholders, but it also needs to be strategically compelling and aligned with the strategy that I set out last February," Thwaite says. This was the case for the Sainsbury's Bank and Metro Bank mortgages deals, he says. The CEO adds that he wouldn't comment on speculation. (elena.vardon@wsj.com)
(END) Dow Jones Newswires
February 14, 2025 05:55 ET (10:55 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。