WealthBriefing | NatWest Scales Up Wealth Ambitions

Originally published by WealthBriefing on February 10, 2026.

The NatWest Group’s recent acquisition of Evelyn Partners, valued at $3.69 billion enterprise value, underscores the importance of wealth management to the UK’s top lenders. Continued transaction momentum has led private equity to play an important role in the global wealth management sector, and Antoine Dupont-Madinier, Managing Director, shared his insights with WealthBriefing.

“I am not surprised. Evelyn Partners had been pursuing an IPO for several years and had grown into a sizeable business, which inevitably narrowed the universe of potential M&A buyers,” said Antoine.

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