The building society provides details on the implementation of its Tier 2 Notes, including the execution of the Supplemental Trust Deed and Supplemental Agency Agreement.
The major building society is redeeming £50 million in senior non-preferred notes as part of its regular capital management activities.
This major financial institution reported strong growth in mortgages and deposits, bolstered by a significant acquisition. Despite economic uncertainties, it maintains a robust capital position and positive outlook.
The financial services provider is making changes to the board structure of the recently acquired Virgin Money business.
The building society is redeeming £25 million in senior non-preferred notes as part of its regular debt management activities.
The major retail bank is providing a one-time £50 payment to over 12 million members, returning over £600m in value. This will impact the company's capital ratios but is a positive move for customers.
The building society is redeeming €1 billion in senior non-preferred notes, a routine treasury management activity.
Regional bank redeems capital securities, simplifying structure
Nationwide Building Society, a leading UK financial services provider, has reported a solid half-year performance with strong growth in mortgages and deposits.
Nationwide, a major UK retail bank, appoints experienced banking executive to its Board.