- NatWest Group reported an operating pre-tax profit of £2.2 billion for the third quarter, a two per cent increase on the same period last year.
- Net interest income rose by nearly 9 per cent to £3.6 billion, driven by sustained high interest rates.
- The bank trimmed about 1,000 jobs during the quarter as part of cost-cutting and technology-driven efficiency measures, saving about £420 million.
- Overall headcount increased following the acquisition of wealth manager Evelyn Partners, which brought about 2,200 staff into the group.
- Chief executive Paul Thwaite highlighted the universal use of AI tools across the organisation and noted general resilience in consumer spending.
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