NatWest ramps up investor payouts as profits bounce back By Reuters
By Iain Withers and Lawrence White LONDON (Reuters) -NatWest accelerated returning cash to shareholders on Friday after a return to profit, rounding out a week of vastly improved earnings for British banks as the pandemic-battered economy reopens. The state-backed bank said it would pay an interim dividend of 3 pence per share and carry out a share buyback of 750 million pounds, returning over 1.1 billion pounds ($1.53 billion) in total to shareholders. The improved earnings follow similarly upbeat results from rivals Lloyds (LON:LLOY) and Barclays (LON:BARC) this week and show a turnaround in...
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