Published: February 9, 2026 at 3:25 pm
NatWest Group has lost 7.5% off its share price today after announcing a £2.7 billion swoop for wealth management firm Evelyn Partners.
The deal sees an exit for British private equity giant Permira and US peer Warburg Pincus.
NatWest said the transaction creates the UK’s leading private banking and wealth management business and will transform its savings and investment offering for its 20 million customers.
It also announced a share buyback of £750m to return capital to shareholders.
However its shares dropped following the announcements. They are valued at 610.5 pence at the time of writing (3.15pm).
NatWest’s share price remains up by almost 40% over the last 12 months.