Barclays (BARC LN) and NatWest (NWG LN) to submit formal offer over GBP 2bln for wealth manager Evelyn, via Sky News

Barclays and NatWest's plan to submit a formal joint offer for wealth manager Evelyn signals a strategic push into the wealth management sector, which has been gaining traction.

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Newsquawk European Market Wrap - 4th February 2026

Barclays (BARC LN) and NatWest (NWG LN) to submit formal offer over GBP 2bln for wealth manager Evelyn, via Sky News

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Eli Lilly's (LLY) CEO says that the number of people engaging with the Lilly direct has increased to over 1mln patients in 2025

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The move could enhance their service offerings and competitiveness in a growing market, but it will also draw scrutiny regarding valuation and potential regulatory hurdles. Monitor how this impacts their stock prices and overall market sentiment around UK banking.

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