NatWest is set to complete its biggest takeover deal since the 2008 financial crisis and its subsequent taxpayer bailout, after agreeing a £2.7bn buyout for wealth manager Evelyn Partners.
It will also mark the first major acquisition since the government exited its stake in the bank last year, having previously held around 84 per cent shareholding of the firm. At the time, CEO Paul Thwaite called the return to private ownership a “significant moment” for NatWest.
