Weekly Recap: Buyout of Evelyn Partners and £127bn AUMA/£188bn assets

NatWest Group (LSE:NWG) completed its Evelyn Partners buyout on June 30, 2026, creating a combined business with about £127bn AUMA and £188bn client assets/liabilities, targeting ~£100m annual cost synergies while trimming CET1 by ~130bps; guidance due July 31 and Erminia Johannson joins the board July 1.

Previous Week Recap

• NatWest Evelyn Partners Buyout Completed: NatWest completed Evelyn Partners buyout June 30, 2026. Combined AUMA ~£127bn, client assets/liabilities ~£188bn. Deal adds ~£100m annual cost synergies and cuts CET1 ~130 bps pro forma.
• Combined AUM ~£127bn, Assets ~£188bn: NatWest Group (NWG) said a deal leaves the combined business with about £127bn in assets under management and £188bn in customer assets/liabilities; details on 2026 guidance due July 31.
• Erminia Johannson Appointed Director: NatWest Group (NWG) appoints Erminia Johannson as independent non-exec director from July 1, 2026. Traders: note governance change and potential board composition impact on shareholder oversight.

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