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The Royal Bank of Scotland plc ( Scottish Gaelic: Banca Rìoghail na h-Alba) [ 2] is a major retail and commercial bank in Scotland. It is one of the retail banking subsidiaries of NatWest Group, together with NatWest (in England and Wales) and Ulster Bank. The Royal Bank of Scotland has around 700 branches, mainly in Scotland, though there are ...
The 2012 RBS computer system problems were technical issues affecting computers run by the Royal Bank of Scotland Group (now NatWest Group ), including National Westminster Bank, The Royal Bank of Scotland and Ulster Bank, which began on 19 June 2012. In 2014, RBS was fined £42m over the incident. [1]
NatWest Group PLC[ 1] is a British banking and insurance holding company, based in Edinburgh, Scotland. The group operates a wide variety of banking brands offering personal and business banking, private banking, investment banking, insurance and corporate finance. In the United Kingdom, its main subsidiary companies are National Westminster ...
In 1988, Royal Bank of Scotland Group acquired Citizens. [11] Under RBS ownership, Citizens acquired several smaller banks in New England to become the second largest bank in the region. In 1996, in conjunction with the acquisition of First NH Bank , the Bank of Ireland gained a 23.5% stake in Citizens, which RBS then acquired two years later ...
UK banking brands owned by foreign banks. Allied Irish Bank (GB) and First Trust Bank, owned by AIB Group of the Republic of Ireland. Al Rayan Bank, owned by Masraf Al Rayan of Qatar. Axis Bank UK, owned by Axis Bank of India. Bank of Ceylon (UK), owned by Bank of Ceylon of Sri Lanka.
Royal Bank of Scotland imminent collapse. On 7 October 2008, following a 35% plunge in the bank's share price, dealing in the bank's shares was suspended. The bank Chairman, Tom McKillop, contacted the Chancellor of the Exchequer, Alastair Darling, to advise that the bank was within hours of running out of money.
natwest .com. National Westminster Bank Plc, [ 1] trading as NatWest, [ 2] is a major retail and commercial bank in the United Kingdom based in London, England. It was established in 1968 by the merger of National Provincial Bank and Westminster Bank. In 2000, it became part of The Royal Bank of Scotland Group, which was re-named NatWest Group ...
Direct Line Insurance Group plc is a British insurance company based in the United Kingdom, formed in 2012 by the divestment of The Royal Bank of Scotland Group 's (RBS) insurance division, through an initial public offering. The company owns a number of insurance subsidiaries, providing various insurance products, including Direct Line and ...