The government abandoned its position as the largest shareholder in Natwitist for the first time in more than 15 years, with its share sliding to 5.93 percent.
This represents an important moment in the state's decline in the bank's rescue plan of 45.5 billion pounds – known as Royal Bank of Scotland – in a 2008 financial crisis, when the taxpayer detention reached about 85 percent.
Blackrock, the American investment giant, has emerged as the best shareholder in Natwist by 6.4 percent. The Treasury is steadily reducing its share through the “Drip” trading program, which sells shares at a level that is considered the “fair value” of taxpayers. NatWest also shared itself by buying stocks directly.
Paul Thaouet, the bank's CEO, predicts his entire specialization by the end of 2025. The lender recently reported a slight increase in pre -tax profit to 6.2 billion pounds, backed by less than bad loan fees than expected. The ThWAite strategy includes more cost reduction, after reducing the number of employees by 3 percent to 59200 in 2024, and remains open to more acquisitions-although he insists that he learns the deals a clear value for the shareholders.
Natestist was once supported at a time when the bold expansion tactics of former CEO Farid Godwin contributed to the bank’s collapse, most notably by acquiring his Dutch rival, son. RBS has forced the government to rescue billions of pounds, leaving taxpayers a large share. Now, with arrows trading around 478¾P, the state finally approaches a full outlet.
“Returning the bank to full private ownership is an ambition that we share with the government and the issue of all our stakeholders,” a Natewist spokeswoman commented.