Bank Appoints Thomas Jakob As Ceo And Chairman Of Board

NatWest Markets Establishes NatWest Bank Europe GmbH in Frankfurt

Bank Appoints Thomas Jakob as CEO and Chairman of Board

New Entity to Serve as European Hub for NatWest Markets Businesses

London, United Kingdom - NatWest Markets plc, a leading global investment bank, has announced the establishment of NatWest Bank Europe GmbH in Frankfurt, Germany. The new entity will serve as a European hub for NatWest Markets' businesses, providing a range of financial services to clients across the region.

Thomas Jakob, a seasoned banking executive with extensive experience in the European financial markets, has been appointed as CEO and Chairman of the Board of NatWest Bank Europe GmbH. Jakob will be responsible for leading the new entity and driving its growth strategy.

"The establishment of NatWest Bank Europe GmbH is a significant milestone in our commitment to expanding our presence in Europe," said Paul Thwaite, CEO of NatWest Markets. "Frankfurt is a major financial center with a strong regulatory environment, and we are confident that this new entity will provide us with a platform for growth and innovation."

NatWest Bank Europe GmbH will offer a comprehensive suite of financial products and services to its clients, including corporate banking, investment banking, capital markets, and asset management. The bank will also provide access to NatWest Markets' global network of expertise and resources.