NatWest Group
British banking and insurance holding company
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| 2024 | Sir Howard Davies's chairmanship of NatWest Group concludes after a nine-year tenure. |
| December 2024 | By mid-December, government shareholding further reduced to 9.99%. |
| November 2024 | NatWest Group blocked WhatsApp, Facebook Messenger, and Skype on company devices in the UK due to security concerns, following multi-billion dollar fines against other major US banks for record-keeping rule violations. |
| November 11 2024 | Government sold additional £1bn of shares, reducing shareholding from 14.2% to 11.4%. |
| July 2024 | By late July, government shareholding reduced to 19.97%. |
| April 2024 | Richard Haythornthwaite becomes Chairman of NatWest Group |
| March 2024 | Government shareholding fell to 29.82%. |
| February 2024 | Regulatory filings showed government shareholding reduced to 34.96%. |
| 2023 | By this year, NatWest had paid a total of £703,562,895 in fines for UK regulatory breaches, becoming one of the most penalized parent companies in the UK. |
| 2023 | By this year, NatWest had incurred over $14 billion in total penalties for corporate infringements in the United States. |
| 2023 | Conclusion of a prolonged period of regulatory breaches, with NatWest having paid £703,562,895 in UK fines and over $14 billion in US penalties between 2000 and 2023. |
| July 2023 | NatWest Group CEO Dame Alison Rose resigned after admitting she was the source of an inaccurate BBC report about Nigel Farage's account closure and breaching client confidentiality. |
| July 2023 | Nigel Farage's account with Coutts was closed after an internal risk committee determined his views were 'at odds with our position as an inclusive organisation'. Initially, the BBC reported the closure was due to financial reasons, which was later disproved by The Daily Telegraph. |
| May 2023 | NatWest Group buyback reduced government's shareholding to 38.6%. |
| April 2023 | Stuart Lewis appointed as Independent Non-Executive Director |
| October 2022 | Roisin Donnelly becomes an Independent Non-Executive Director |
| May 2021 | Government further reduced its NatWest Group shareholding to 54.8%. |
| March 2021 | UK government reduced its NatWest Group shareholding to 59.8%, losing £1.8bn for taxpayers in the process. |
| 2020 | NatWest Group underwent a comprehensive corporate rebranding, changing its corporate identity from the Royal Bank of Scotland Group. This rebranding signaled a strategic shift and renewal of the company's corporate image following previous financial challenges. |
| July 23 2020 | Official rebranding from RBS Group to NatWest Group took effect, completing the corporate name change. |
| July 22 2020 | Planned date for the NatWest Group rebranding. |
| July 16 2020 | Company announced the specific date for its rebranding from RBS Group to NatWest Group. |
| July 16 2020 | Company officially announced the details of the rebranding, setting the date for the transformation. |
| April 2020 | Yasmin Jetha becomes an Independent Non-Executive Director |
| February 14 2020 | RBS Group announced its intention to rename to NatWest Group, adopting the brand under which most of its business is delivered. |
| August 2019 | Jan Cargill appointed as Chief Governance Officer & Company Secretary |
| January 2019 | Katie Murray appointed as Chief Financial Officer of NatWest Group |
| June 2018 | Patrick Flynn appointed as Independent Non-Executive Director |
| June 5 2018 | Government further reduced its ownership through UK Government Investments to 62.4%, at a loss of £2 billion. |
| January 2018 | Lena Wilson joins NatWest Group as an Independent Non-Executive Director |
| September 2017 | The European Commission formally approved HM Treasury's plan for NatWest Group to focus on business banking competition initiatives. |
| February 2017 | HM Treasury suggested abandoning the branch sale plan and instead focusing on initiatives to boost competition in UK business banking. |
| August 2016 | RBS cancelled its plan to spin off Williams & Glyn as a separate business, citing inability to survive independently, and decided to seek selling the operation to another bank. |
| 2015 | Sir Howard Davies becomes Chairman of NatWest Group, succeeding Sir Philip Hampton. |
| October 2015 | RBS sold its remaining stake in Citizens Financial Group, completing a progressive divestment started with an initial public offering in 2014. |
| 2013 | Ross McEwan took over as group chief executive, leading the organization from 2013 to 2019. |
| September 2013 | NatWest Group confirmed an agreement to sell 314 branches to the Corsair consortium, including 250,000 small business customers, 1,200 medium business customers, and 1.8 million personal banking customers, with plans to create a standalone ethical bank under the Williams & Glyn's brand by 2016. |
| June 12 2013 | RBS announced CEO Stephen Hester would step down in December 2013, with Ross McEwan selected as his successor in July. Hester would receive 12 months' pay and benefits worth £1.6 million, plus potential £4 million in shares. |
| 2012 | RBS is found to have 7.2% of its total oil and gas lending directed to companies deriving more than 10% of their income from oil sands operations, drawing criticism from Climate Camp activists and the Cree indigenous people for environmental impact. |
| October 12 2012 | Santander UK withdrew from the branch sale agreement with NatWest Group. |
| June 2012 | RBS experienced a critical software upgrade failure in payment processing, forcing the bank to open branches on a Sunday for the first time. |
| January 2012 | RBS announced cutting 4,450 jobs and closing loss-making business divisions due to pressure from the UK government, bringing total job cuts since 2008 bailout to 34,000. |
| January 2012 | Controversy erupted over CEO Stephen Hester's proposed bonus of £963,000 in share options. After press criticism, Hester turned down the bonus, and Chairman Sir Philip Hampton had earlier declined his £1.4 million bonus. |
| 2010 | NatWest begins accumulating regulatory breaches that will ultimately result in £703,562,895 in total UK fines by 2023. |
| 2010 | Over 100 senior bank executives were paid more than £1 million, with total bonus payouts reaching nearly £1 billion. CEO Stephen Hester received £8 million in payments, despite the bank reporting a £1.1 billion loss. |
This contents of the box above is based on material from the Wikipedia article NatWest Group, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.