NatWest’s investors will be hoping for good news

Yorkshire Post

NatWest’s investors will be hoping for good news on the banking group’s finances this week. The group, which also owns Royal Bank of Scotland, Ulster Bank and Coutts, will unveil its fourth quarter earnings and full-year financial results on Friday.

Transcript

00:00 Hello, my name is Greg Wright, I'm the Deputy Business Editor of the Yorkshire Post.

00:06 Here are your business headlines for this morning.

00:09 NatWest Investors will be hoping for good news on the banking group's finances this week

00:15 as it updates the market and prepares to sell its shares to the public.

00:19 The group, which also owns Royal Bank of Scotland, Ulster Bank and Coutts,

00:23 will unveil its fourth quarter earnings and full year financial results on Friday.

00:28 It's expected to report a pre-tax profit of £6bn for the year,

00:31 with an income totalling £14.6bn, according to a consensus compiled by analysts in November.

00:39 NatWest have said its financial performance is likely to be affected by more customers

00:43 moving money into higher interest savings accounts.

00:47 So, an update coming up this week from NatWest and Investors will be hoping for good news.

00:53 My name is Greg Wright and I'm the Deputy Business Editor of the Yorkshire Post.

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