NatWest share price hits fresh 52-week high as pension-transfer chatter swirls
NatWest shares rose 1.3% to a 52-week high of 703 pence in early London trading Wednesday. The bank disclosed a buyback of 767,600 shares and is reportedly considering selling UK pension assets with Santander. UK bank stocks advanced as the FTSE 100 hit a record, while investors await the Bank of England’s rate decision Thursday. NatWest’s annual results are due Feb. 13.