NatWest CEO Confident on Organic Growth Prospects -- Market Talk

Dow Jones

Feb 14, 2025

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)

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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) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 14, 2025 05:55 ET (10:55 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NatWest CEO Confident on Organic Growth Prospects -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNatWest CEO Confident on Organic Growth Prospects -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-02-14 18:55</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     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&amp;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) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 14, 2025 05:55 ET (10:55 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4207","symbol_name":"综合性银行","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2511666468","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2511666468","pubTimestamp":1739530500,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"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. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4207":"综合性银行","BK4521":"英国银行股","NWG":"NatWest Group","SAN":"桑坦德银行"},"translate_title":"NatWest首席执行官对有机增长前景充满信心——市场谈话","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SAN":0.9,"NWG":0.9},"content_text":"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) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 14, 2025 05:55 ET (10:55 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}