{"id":19731,"date":"2026-02-07T20:02:55","date_gmt":"2026-02-07T20:02:55","guid":{"rendered":"https:\/\/microvibenews.com\/?p=19731"},"modified":"2026-02-07T20:02:55","modified_gmt":"2026-02-07T20:02:55","slug":"natwest-close-to-sealing-2-5bn-evelyn-partners-deal-daily-business","status":"publish","type":"post","link":"https:\/\/microvibenews.com\/?p=19731","title":{"rendered":"NatWest close to sealing \u00a32.5bn Evelyn Partners deal \u2013 Daily Business"},"content":{"rendered":"<p><\/p>\n<div>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2017\/10\/NatWest-e1507535615221.png\" alt=\"NatWest\" class=\"wp-image-49471 lazyload\"\/><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" width=\"1605\" height=\"972\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2017\/10\/NatWest-e1507535615221.png\" alt=\"NatWest\" class=\"wp-image-49471 lazyload\" srcset=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2017\/10\/NatWest-e1507535615221.png 1605w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2017\/10\/NatWest-e1507535615221-600x363.png 600w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2017\/10\/NatWest-e1507535615221-300x182.png 300w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2017\/10\/NatWest-e1507535615221-768x465.png 768w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2017\/10\/NatWest-e1507535615221-1024x620.png 1024w\" sizes=\"(max-width: 1605px) 100vw, 1605px\"\/><figcaption class=\"wp-element-caption\"><em>NatWest is keen to build its wealth management business (pic: NatWest)<\/em><\/figcaption><\/figure>\n<p class=\"has-medium-font-size\">NatWest Group is close to completing a \u00a32.5 billion takeover of wealth manager Evelyn Partners, in deal that will mark a new milestone in the bank\u2019s recovery from the 2008 bailout.<\/p>\n<p class=\"has-medium-font-size\">The bank, trading as Royal Bank of Scotland north of the border, is said to be in advanced talks to prise Evelyn Partners from its private equity owners Permira and Warburg Pincus, as rival bidder Barclays backs off.<\/p>\n<p class=\"has-medium-font-size\">A deal could be announced early next week, according to <em>Sky News<\/em>, ahead of NatWest\u2019s full-year results on Friday which are expected to confirm a robust trading performance.<\/p>\n<p class=\"has-medium-font-size\">Paul Thwaite, its chief executive, has identified wealth management as a target sector for the bank as it focuses its expansin on a small range of key sectors.<\/p>\n<p class=\"has-medium-font-size\">Evelyn, previously known as Tilney Smith &amp; Williamson, has about \u00a365bn in assets under management  and will sit alongside NatWest\u2019s private bank Coutts.<\/p>\n<p class=\"has-medium-font-size\">Last year, Evelyn\u2019s professional services arm was sold to the buyout firm Apax Partners.<\/p>\n<p class=\"has-medium-font-size\">On Friday it was announced that from April, NatWest will become Rightmove\u2019s exclusive mortgage lender, powering its Mortgage in Principle service, helping people to understand how much they can borrow to aid their homebuying search.<\/p>\n<p class=\"has-medium-font-size\">In November, NatWest confirmed a commitment to lend \u00a310bn to first-time buyers during 2026.<\/p>\n<p><!-- Simple Share Buttons Adder (8.5.3) simplesharebuttons.com -->           \t            <\/div>\n<p><script>\n!function(f,b,e,v,n,t,s)\n{if(f.fbq)return;n=f.fbq=function(){n.callMethod?\nn.callMethod.apply(n,arguments):n.queue.push(arguments)};\nif(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\nn.queue=[];t=b.createElement(e);t.async=!0;\nt.src=v;s=b.getElementsByTagName(e)[0];\ns.parentNode.insertBefore(t,s)}(window,document,'script',\n'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n fbq('init', '1192059580980274'); \nfbq('track', 'PageView');\n<\/script>#NatWest #close #sealing #2.5bn #Evelyn #Partners #deal #Daily #Business<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NatWest is keen to build its w&hellip; <\/p>\n","protected":false},"author":1,"featured_media":19732,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[12163,266,4576,265,110,12164,12160,12161,3100,12162],"_links":{"self":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/19731"}],"collection":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19731"}],"version-history":[{"count":0,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/19731\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/media\/19732"}],"wp:attachment":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}