NatWest Swings Into Profit While Pandemic Loan Provisions Dip

(Bloomberg) -- NatWest Group Plc swung to a profit in its third quarter and became the latest U.K. bank to set aside a smaller-than-expected provision for loans souring during the pandemic.The Edinburgh-based lender posted an operating profit of 355 million pounds ($458 million), ahead of forecasts, even as net interest income fell slightly.The bank took a charge for bad loans of 254 million pounds in the quarter and said the total for the year was likely to be at the lower end of its range of b