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Evening Standard
Evening Standard
Business
Anna Wise

NatWest returns to private ownership for first time since 2008 rescue

NatWest Group has appointed Paul Thwaite as its permanent chief executive (Alamy/PA) -

The Government has sold its remaining shares in NatWest and confirmed a £10.5 billion loss since the bank was rescued by UK taxpayers during the 2008 financial crisis.

It means NatWest, which was previously called RBS, has returned to private ownership for the first time since it was bailed out.

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