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British bank NatWest swings to a 2nd-quarter loss of $1.7 billion as income tumbles and impairment charges soar


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British bank NatWest swings to a 2nd-quarter loss of $1.7 billion as income tumbles and impairment charges soar

NatWest posted sharply lower profits last quarter as less income and a hefty impairment charge weighed on its business.The British bank’s total income tumbled 34% year-on-year to £2.…

British bank NatWest swings to a 2nd-quarter loss of $1.7 billion as income tumbles and impairment charges soar
  • NatWest posted sharply decrease profits closing quarter as less profits and a hefty impairment price weighed on its industry.
  • The British financial institution’s total profits tumbled 34% year-on-year to £2.…

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