Market Chatter: NatWest to Reportedly Exit as Primary Dealer in European, US Government Bond Markets

06:06 AM EDT, 10/08/2026 (MT Newswires) -- NatWest Group (NWG.L) plans to stop primary dealings in the US and European sovereign bond markets and shift its focus toward financing, advisory, hedging and other activities, Bloomberg News reported Thursday, citing sources. The British banking group will cut up to 10 jobs as part of the plan, according to people with knowledge of the matter. However, it will continue to be a primary dealer in the UK bond market. NatWest did not immediately respond to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)