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Evening Standard

Anna Wise

NatWest to buy wealth manager Evelyn Partners for £2.7bn

NatWest Evelyn Partners Paul Thwaite Barclays NatWest Group

NatWest Group has agreed to buy wealth management firm Evelyn Partners for £2.7 billion (Mike Egerton/PA) - (PA Archive)

NatWest Group has agreed to buy wealth management firm Evelyn Partners for £2.7 billion, marking the bank’s first major acquisition since returning to private ownership.

The announcement follows reports that the banking group had seen off competition from rival Barclays for the takeover move.

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