(Bloomberg) -- UK Chancellor of the Exchequer Rachel Reeves is leaning toward offloading a substantial portion of the government’s £5.6 billion ($7.2 billion) stake in NatWest Group Plc to institutional shareholders rather than continuing with her predecessor’s plans to offer it up to the UK public, according to people familiar with the matter.Most Read from BloombergTrump Risks Losing Voters He Needs With Loaded Attacks on HarrisParis Sticks to Olympics Opening Event Plans After Rail SabotageFe
Barclays, NatWest and Lloyds are among seven banks to share customer data with the National Crime Agency (NCA) in the largest project of its kind worldwide to tackle criminal gangs, money laundering and "dirty money" flowing through the country. Reuters revealed one year ago that more than six banks, including NatWest and Lloyds, were part of trials with law enforcement and government agencies that involved sharing intelligence on client accounts which raised concerns about economic crime that posed a threat to Britain.
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