Wealth and Asset Management
NatWest private bank profit jumps 133% in Q1
The private banking arm of NatWest had a strong start to the year, with profits more than doubling. According to a trading update the unit, which includes Coutts, recorded a 133% year-on-year jump in first quarter operating profit to £77m. Return on equity rose from 6.7% in the corresponding quarter…
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