NatWest Group plc Publishes Transcript of Q2 2025 Sellside Roundtable Event
NatWest Group plc has released the transcript of its Q2 2025 Sell Side Roundtable, held on July 30, 2025. Key management members discussed a strong start to the year with an 18.1% return on tangible equity and robust capital generation. They addressed fluctuations in income within Commercial & Institutional banking and changes in revenue share in NatWest Markets. Management also discussed the competitive landscape post-Leeds Reforms and future regulatory requirements. The full transcript is available via the provided link.
NatWest Group plc has published the transcript of its Q2 2025 Sell Side Roundtable, held on July 30, 2025. The event featured key members of NatWest’s management team, including the CFO, the Finance Director of the Retail Bank, the Group Treasurer, and the Director of Finance, alongside the Investor Relations team. During the session, management highlighted a strong start to the year, reporting a return on tangible equity of 18.1% for the first half, with broad-based growth across loans, deposits, and assets under management. Capital generation was also robust, with 101 basis points pre-distribution in the first half and 53 basis points in the second quarter. Management addressed fluctuations in other income within Commercial & Institutional banking, clarifying that, “It wouldn’t be to do with the transfer pricing in relation to NatWest Markets, as obviously being a ring-fenced bank, we don’t fund them, they fund themselves.” They also acknowledged changes in revenue share within NatWest Markets and explained that some RWA management transactions may impact quarterly results. The discussion included questions on the competitive landscape following the Leeds Reforms, particularly concerning investment opportunities and financial advice for customers. Management noted, “We did do some revenue share changes,” and indicated ongoing efforts to develop the group’s investment proposition. Questions on future regulatory requirements, such as the output floor, were also addressed, with management offering preliminary comments while noting that full disclosure is not yet required. The full transcript can be accessed through the link below. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Natwest Group plc published the original content used to generate this news brief on November 12, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
