NatWest eyes simplification to cut costs

NatWest
is
driving
its
costs
down
by
reducing
branches,
trimming
headcount
and
simplifying
operations.
 
“We
incurred
higher
severance,
branch
and
property
exit
costs
in
the
first
quarter
and
expect
these
to
be
weighted
to
the
first
half
of
the
year,”
Chief
Financial
Officer
Katie
Murray
said
during
the
bank’s
first-quarter
earnings
call
today.
“We
[…]