Natwest’s stock plunged despite reporting decade-high profits
Investors are busily marking down UK bank stocks last week following their annual results. Barclays (BARC) suffered a 7 percent fall while Natwest Group (NWG) plunged 6%. What’s going on? Here we assess Natwest’s results and see if its fall is warranted. Rate outlook is key Bank stocks are deeply cyclical. The rise and fall […]
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