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Natwest Group PLC

Jack Dorsey’s Block expands Square Card service to the UK

by Sipho Sepamla
Jack Dorsey’s Block expands Square Card service to the UK

Marco Bello | AFP | Getty Images LONDON — Block, the payments company owned by tech billionaire Jack Dorsey has launched its corporate card service in the U.K. in a bid …

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Dutch government to reduce its stake in ABN Amro by a quarter

by Merchant Moller
Dutch government to reduce its stake in ABN Amro by a quarter

Jasper Juinen | Bloomberg | Getty Images The Dutch government on Tuesday said it will reduce its stake in lender ABN Amro by a quarter to 30% through a trading …

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Banks and tech companies at odds over online fraud liability in UK

by Sipho Sepamla
Banks and tech companies at odds over online fraud liability in UK

Meta is facing calls from U.K. banks and payment firms like Revolut to financially compensate people who fall for scams on their services. Jaap Arriens | Nurphoto via Getty Images …

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Digital bank Revolut slams Meta over approach to scams

by Sipho Sepamla
Digital bank Revolut slams Meta over approach to scams

Revolut CEO, Nikolay Storonsky (L) and Meta CEO, Mark Zuckerberg. Reuters British financial technology firm Revolut on Thursday criticized Facebook parent company Meta over its approach to tackling fraud, saying …

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Brits snap up lower mortgages as BOE cut boosts market

by Merchant Moller
Brits snap up lower mortgages as BOE cut boosts market

Richard Newstead | Moment | Getty Images LONDON — Britain’s biggest high street lenders are continuing to slash borrowing costs after the Bank of England’s first interest rate cut in four years …

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Monzo boosts funding to $610 million to crack U.S., launch UK pensions

by Sipho Sepamla
Monzo boosts funding to 0 million to crack U.S., launch UK pensions

British neobank Monzo said Wednesday that it’s raised another $190 million, lifting the total it’s raised so far this year to $610 million. The company told CNBC it raised the …

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NatWest chair criticised for saying not that difficult to buy a home

by Merchant Moller
NatWest chair criticised for saying not that difficult to buy a home

Howard Davies, chairman of Natwest Group Plc. Bloomberg | Getty Images The chair of one of Britain’s biggest banks faced a backlash Friday after saying it is not “that difficult” …

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NatWest slides as regulator finds potential breaches over Farage case

by Merchant Moller
NatWest slides as regulator finds potential breaches over Farage case

The logo of NatWest, a retail unit of RBS, outside a bank branch in London, U.K., on Tuesday, June 26, 2012. Simon Dawson | Bloomberg | Getty Images Trading in …

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Metro Bank expected to struggle to raise capital with ‘no easy solutions’

by Merchant Moller
Metro Bank expected to struggle to raise capital with ‘no easy solutions’

The U.K.’s embattled Metro Bank has launched talks to sell a third of its mortgage book in an urgent attempt to shore up its balance sheet. Matthew Horwood | Getty …

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JPMorgan Chase UK shouldn’t ‘deplatform’ crypto industry

by Sipho Sepamla
JPMorgan Chase UK shouldn’t ‘deplatform’ crypto industry

Brian Armstrong, chief executive officer of Coinbase Global Inc., speaks during the Messari Mainnet summit in New York, on Thursday, Sept. 21, 2023. Michael Nagle | Bloomberg | Getty Images …

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