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In 1978, the National Bank of North America's 141 branches were acquired by National Westminster Bank Ltd. for US$429 million. [3] A Delaware-registered holding company, NatWest Holdings, Inc., was formed to facilitate the purchase and, by 1986, net income had more than tripled to US$54.5 million. [ 4 ]
The holding company was renamed The Royal Bank of Scotland Group in 1979 [10] and became a public company in 1982. [11] The late 1990s saw a new wave of consolidation in the financial services sector. In 1999, the Bank of Scotland launched a hostile takeover bid for English rival National Westminster Bank. [12]
National Westminster Bank Public Limited Company, [2] [3] trading as NatWest, [4] 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.
Coutts & Co. is a wholly owned subsidiary of NatWest. NatWest Holdings includes the Lombard North Central asset finance business and RBS Invoice Finance (Holdings).. As authorised brands of Royal Bank of Scotland, the ring-fenced group also covers Messrs. Drummond and Holt's Military Banking, the only remaining branches of RBS operating in England and Wales.
NatWest Markets plc is the investment banking arm of NatWest Group based in the United Kingdom.. The company was created from the then RBS Group's corporate and institutional banking division in 2016, as part of a structural reform intended to comply with the requirements of the Financial Services (Banking Reform) Act 2013 and to give the NatWest brand greater prominence.
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NatWest Offshore Limited was an Isle of Man-incorporated bank formed in 1997, with branches in Jersey, Guernsey and Gibraltar.The business was transferred to RBS International through private members' legislation passed in each of the four jurisdictions in 2001, with RBS retaining NatWest as a trading name as well as continuing its existing business.
National Westminster Bank, a retail banking subsidiary of NatWest Group; Nederlandse Waterschapsbank, NWB Bank, the Netherlands water boards bank; Nederlandse Waterski Bond, the Dutch WaterSki Association; Non Weight Bearing, where the patient may not touch the ground after surgery; North Wembley station, London, National Rail station code