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The Guardian - UK
The Guardian - UK
Business
Kalyeena Makortoff Banking correspondent

NatWest investors to scrutinise pay in last AGM before full privatisation

People walk past a NatWest branch in London
The government stake in NatWest has dwindled through sales to institutional investors and a drip-feeding of shares into the open market. Photograph: Tayfun Salcı/Zuma/Shutterstock

This week, NatWest will hold its last annual shareholder meeting before returning to full private ownership, with the government expected to sell its remaining stake in the bailed-out bank in the coming weeks.

The bank, formerly known as Royal Bank of Scotland (RBS), will host shareholders on Wednesday at its sprawling Gogarburn campus in Edinburgh, the £350m complex that became a symbol of the excesses that led to RBS’s £46bn bailout in 2008.

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