Apr 29, 2024, 12:00 AM
Apr 26, 2024, 12:00 AM
NatWest faces profit decline due to intense competition in savings and mortgage sectors
- NatWest's first-quarter profit dropped by 27% due to competition in savings and mortgage products.
- Income was £406 million lower compared to the same period last year.
- Customers are shifting to higher-returning products impacting the bank's margins.
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