The UK government has sold more shares in NatWest, reducing its stake to below 50% and ending its controlling interest in the bank. This comes after a series of sales over the past year, as the government looks to reduce its ownership of the bank, which it acquired during the financial crisis . NatWest was formerly known as Royal Bank of Scotland (RBS) and was bailed out by the government in 2008.
The latest sale of shares is seen as a positive step towards returning the bank to full private ownership
UK Natwest Shares Stake Government Bank Financial Crisis Private Ownership
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