Natwest sells HR advisory arm in latest structure overhaul

cityam03-25

NatWest Group logo is seen in this illustration taken January 7, 2026. REUTERS/Dado Ruvic/Illustration Natwest has sold its human resources advisory arm to a private-equity backed rival in the latest ...

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REUTERS/Dado Ruvic/Illustration Natwest has sold its human resources advisory arm to a private-equity backed rival in the latest ...</p>\n\n<a href=\"https://www.cityam.com/natwest-offloads-hr-advisory-arm-to-private-equity-backed-rival/\">Source Link</a>\n\n</div>\n","source":"cityam_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Natwest sells HR advisory arm in latest structure overhaul</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNatwest sells HR advisory arm in latest structure overhaul\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-03-25 18:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cityam.com/natwest-offloads-hr-advisory-arm-to-private-equity-backed-rival/><strong>cityam</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NatWest Group logo is seen in this illustration taken January 7, 2026. REUTERS/Dado Ruvic/Illustration Natwest has sold its human resources advisory arm to a private-equity backed rival in the latest ...</p>\n\n<a href=\"https://www.cityam.com/natwest-offloads-hr-advisory-arm-to-private-equity-backed-rival/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4225","symbol_name":"医疗保健房地产信托","start_time":0,"source_url":"https://www.cityam.com/natwest-offloads-hr-advisory-arm-to-private-equity-backed-rival/","article_id":"2622595022","we_media_id":null,"thumbnails":["https://www.cityam.com/wp-content/uploads/2026/02/natwest.jpeg?w=824&h=463&crop=1"],"rights":{"source":"cityam_highlight","url":"https://www.cityam.com/natwest-offloads-hr-advisory-arm-to-private-equity-backed-rival/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2622595022","pubTimestamp":1774433691,"columns":[],"sourceInfo":{"source_id":"cityam_highlight","name":"cityam"},"weMediaInfo":null,"summary":"NatWest Group logo is seen in this illustration taken January 7, 2026. REUTERS/Dado Ruvic/Illustration Natwest has sold its human resources advisory arm to a private-equity backed rival in the latest deal by the banking giant on the road to streamlining its operations.The FTSE 100 titan has offloaded Mentor – its small business HR support service – to Empowering People Group, a specialist HR service backed by Limerston Capital.Limerston created the group through its 2016 acquisition of Adviserplus and subsequent add-ons of legal and employment firms including Halborns in 2020 and Learning Nexus in 2022.Mentor holds a customer base of around 100,000 small and medium-sized business customers and takes a focus on employment law, HR, health and safety and environmental compliance.","collect":0,"end_time":0,"defaultTopTitle":"cityam.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4225":"医疗保健房地产信托","BK4203":"医疗保健房地产投资信托","HR":"医疗保健房地产信托"},"translate_title":"Natwest在最新的结构改革中出售人力资源咨询部门","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HR":1.5},"content_text":"NatWest Group logo is seen in this illustration taken January 7, 2026. REUTERS/Dado Ruvic/Illustration Natwest has sold its human resources advisory arm to a private-equity backed rival in the latest deal by the banking giant on the road to streamlining its operations.The FTSE 100 titan has offloaded Mentor – its small business HR support service – to Empowering People Group, a specialist HR service backed by Limerston Capital.Limerston created the group through its 2016 acquisition of Adviserplus and subsequent add-ons of legal and employment firms including Halborns in 2020 and Learning Nexus in 2022.Mentor holds a customer base of around 100,000 small and medium-sized business customers and takes a focus on employment law, HR, health and safety and environmental compliance.\n\nThe terms of the deal have not been disclosed. The some 220 people working at Mentor are expected to be transferred to the new owner as part of the deal, which was reported by Sky News.\n\n\n\n\n\n\nNews Updates\nStay ahead with our three daily briefings delivering all the key market moves, top business and political stories, and incisive analysis straight to your inbox.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nNatwest shakes up structureThe deal marks the latest in a string of manoeuvres by Natwest boss Paul Thwaite to tidy up the business’ structure.  Last year, the bank offloaded its workplace pensions fintech Cushon to Willis Towers Watson.Thwaite’s have targeted a more active balance sheet and moves into areas that offer a more stable source of income such as wealth management.\n\nBanking giants have ramped up pushes into wealth in the last year with the division offering lenders a less volatile and more capital-light source of income, due to its reliance on recurring fees rather than the interest rate fluctuations that affect traditional lending.Natwest splashed a whopping £2.7bn – its biggest deal since the financial crisis – to snap up Evelyn Partners in February, taking the wealth manager out of the hands of private equity owners Permira and Warburg.Thwaite described the move as creating the “third growth engine” for the group with Evelyn’s £69bn assets under management under the the Natwest umbrella making it the largest of the bank-owned wealth managers with a total of £127bn assets.The move did provide markets with some jitters, however, as Natwest hit pause on future buybacks  and revealed plans of £150m of spending – with potential to climb if the integration doesn’t go smoothly – to cut costs by around £100m annually.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.39.0","shortVersion":"4.39.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2622595022","isCrawlerRequest":true}