NatWest boss says a return to full private ownership expected next year

The UK Treasury's stake in NatWest has fallen to below 11% - here is what it means for the share price

A general exterior view of a branch of NatWest Bank on the high street
(Image credit: John Keeble)

NatWest chief executive Paul Thwaite says the bank is likely to return to full private ownership next year.

Speaking at an FT event in London on Tuesday, he said: “It is reasonable to expect that absent some big dislocation or economic event we’ll be back in private ownership next year, maybe as early as the first half of the year.”

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Chris Newlands

Chris is a freelance journalist, and was previously an editor and correspondent at the Financial Times as well as the business and money editor at The i Newspaper. He is also the author of the Virgin Money Maker, the personal finance guide published by Virgin Books, and has written for the BBC, The Wall Street Journal, The Independent, South China Morning Post, TimeOut, Barron's and The Guardian. He is a graduate in Economics.