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.
Building society completes acquisition of financial services provider.
Leading financial services provider Nationwide Building Society has appointed a new independent director with a wealth of industry experience.
Financial services group Nationwide receives green light for Virgin Money acquisition, paving the way for a smooth integration.
A regional bank in the UK is redeeming £125 million in PIBS, simplifying its capital structure.
Routine regulatory update from a regional financial services provider, unlikely to significantly impact the share price.