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NatWest Withdraws Markets Securities Business from US Primary Dealers List

MT Newswires·10/16/2026 11:19:29
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11:19 AM EDT, 10/16/2026 (MT Newswires) -- NatWest Group (NWG.L) withdrew the name of its markets securities business from the Federal Reserve Bank of New York's list of primary dealers, effective Friday, according to the reserve bank's website. The move follows an Oct. 8 emailed statement to MT Newswires from a NatWest spokesperson, saying the British banking group is simplifying its structure and plans to exit the European and US primary dealership programs after carrying out a review of its markets business.