finance.yahoo.com

NatWest Eyes U.S. Growth as UK Ring-Fencing Rules Change

NatWest Group logoNatWest Group
Sig2.70Sen+3.40Env0.00Soc+0.10Gov0.00

NatWest plans a renewed push into the U.S., enabled by January 2025 changes to UK ring-fencing rules that remove limits on ring-fenced banks setting up branches or subsidiaries outside the EEA. Strong profitability and timing support investment in growth, building on an existing U.S. broker-dealer serving institutional clients and aiming to diversify revenue.

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