Natwest Share Discussion Threads

[maxk] 23/9/2020 07:26

NatWest has unveiled a new account with a market-leading 3% interest rate designed to help customers with little or no savings.

Customers can put between £1 to £50 per month into the digital regular saver account and will need to set up a standing order at account opening. Interest is paid monthly, with the 3% variable rate paid on balances of up to £1,000. A 0.01% rate is paid on balances over that amount.








Hurry...

[gcom2] 22/9/2020 22:42

9 pounds interest, could buy 9 nwg shares

[kingalf] 22/9/2020 21:32

Maximum amount is £1000

[russ1983] 22/9/2020 21:28

Hi polar fox. Unfortunately you can only put £50 a month in. So after a full year saving you'll only get £9.88 interest!

[polar fox] 22/9/2020 12:41

NatWest has launched a new Digital Regular saver today, 3% variable to begin with. Full details are available on the website, click on Products and then Savings.

I'm not interested, partly because the bank has an irritating habit of lowering rates and other benefits far too readily, IMO.

[polar fox] 21/9/2020 13:56

NS&I

For info, their rates are to be slashed dramatically from Nov.24. For example, income bonds at 1.16% will drop to 0.01%.

I expect their move to affect rates throughout the market. All details available on MSE.

[cfc1] 21/9/2020 10:52

someone on this thread said NWG will be 50p! Now I think they are not so nuts!
Why would bank shares go anywhere but down
Tesla battery day tomorrow even(our time) buy ahead of that..

[jostrummer] 21/9/2020 10:26

never a good sign when they change their name - like when one of those rotten pubs does it - you know the reason.

[polar fox] 21/9/2020 07:00

This was reported on Friday. Rose continues on her mission.


NatWest is considering winding down Ulster Bank's operations in the Republic of Ireland after the Covid-19 crisis made the task of reviving the business harder, according to a report.

A strategic review run from the UK is at an advanced stage, the Irish Times reported. Ulster Bank has 88 branches and more than 2,500 employees in the Republic.

Running off the business would take six years and require sales of loan batches to rivals or non-bank lenders. Another option would be merging Ulster Bank Ireland with another lender though this is seen as less likely, the Irish Times said.

Ulster Bank has been a drag on NatWest's since the financial crisis when its bad debts contributed to Royal Bank of Scotland's near-collapse. A computer failure in 2012 was costly and embarrassing. NatWest considered pulling out of the Republic six years ago but elected to stay.

NatWest, which changed its name from Royal Bank of Scotland in July, has owned Ulster Bank since before the division of Ireland into the Republic and Northern Ireland, also known as Ulster.

London County and Westminster Bank bought Ulster Bank in 1917 and then went on to form NatWest. Royal Bank of Scotland bought London-based NatWest in 2000. Rose adopted the NatWest name to mark a split with RBS's troubled past after the bank nearly brought down the UK financial system 2008.

unquote

[buywell3] 20/9/2020 22:33

======== $ Trillions of dollars laundered by Banks ========

Just what they need this week with new lockdowns coming

[portside1] 18/9/2020 19:51

Has for nwg. Just keep adding it will be good next year Money in the bank

[portside1] 18/9/2020 19:47

CFC , answer this with over 100.000 at least illegal people in the U.K. working in the black market In take always Shops Care homes Farms And other places Who could be spreading the virus What is the point of testing when you can be infected by these people ,The answer is simple .Close down all take aways Big fines and close down any business employing themAnd any one housing them take away their home And any one on any benefits breaking the rules stop their pay it's that simple

[polar fox] 18/9/2020 17:31

What a litany of disappointment! It's amazing, the extent to which CV-19 manages to turn so many things upside down.

In reply to your final question, I don't recall that kind of detail being reported. All were overseas - HK, Germany and the Netherlands (I think). All tested positive, of course, months after the first bout and after negative tests subsequently. Not reported whether they were ill twice. That's about it, as I recall it.

I'll continue to watch out for any nitty gritty that seems relevant/potentially important. One's life could depend upon it!

[gcom2] 18/9/2020 17:02

JPM fixed to 100 dollarsIt must be completely immume to current problems lol

[largeronald] 18/9/2020 16:56

pf - glad you're starting to feel better. I had to cancel my test at short notice as I'd managed to crick my neck and couldn't drive. By the time it had settled down (all the physios in my area were doing telephone consultations only - a fat lot of use) it was too late to arrange another test before I was due to go on holiday, so had to rearrange that for next year.

As I understand how the immune system works, it's not that it stops you catching whatever again, it's that it does it in before it has a chance to make you ill. Were these people actually ill the second time, or did they just test positive?

[polar fox] 18/9/2020 14:10

lr,

Anything to report on CV-19? Bupa? Immunity? Corfu? etc.

My understanding remains unchanged - that the world's knowledge is still limited. There have been those reports of at least three people catching it for a second time.
So I continue to operate as if the presence of antibodies can't be assumed to mean anything significant in terms of immunity.

In the past month or so, I've been feeling better, less fatigued, sharper S/T memory, better concentration. Nothing like some of LongCovid's worse sufferers.