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Govt cuts stake in NatWest to below 50%

The UK Government has sold £1.2bn of its shares in NatWest Group, reducing its stake to below 50% for the first time since its 2008 rescue deal for the group.

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Challenger bank Monzo to launch wealth business

Challenger bank Monzo is to launch an investments and wealth business.

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Coutts to relaunch £5bn UHNW arm

Wealth manager and private bank Coutts is to relaunch its private office for UHNW clients under the new brand Coutts Family Office (CFO).

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Goldman Sachs launches new bank ‘Marcus’ in UK

Goldman Sachs is to launch a consumer bank in the UK, with what is believed to be the highest interest rate in the country.

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