-- Reuters
LONDON: British bank NatWest has reported a forecast-beating annual profit, boosted by progress in its growth strategy, productivity and capital management which bosses say could pave the way for fresh acquisitions and higher investor returns.
NatWest – which once boasted assets of £2.2 trillion, more than double the size of the British economy – is now a fraction of that size after a multi-year restructuring and strategic overhaul to focus almost exclusively on domestic business, consumer and mortgage lending.
