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The Royal Bank of Scotland International, trading as NatWest International, RBS International, Coutts Crown Dependencies and Isle of Man Bank, is the offshore banking arm of NatWest Group. It provides a range of services to personal, business, commercial, corporate and financial intermediary customers from its base in the Channel Islands.
Although the RBS brand will live on in Scotland, the bank will stop using the 293-year-old name at group level and adopt the NatWest brand that grew out of National Westminster Bank, which RBS ...
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.
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 in 2020.
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.
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The same month, Royal Bank of Scotland launched a £12 billion rights issue to supplement its equity capital. In September 2008, the US government launched bail-out rescues of the US mortgage lenders Fannie Mae ( Federal National Mortgage Association ) and Freddie Mac ( Federal Home Loan Mortgage Corporation ).
Following a period of beta testing by RBS Group employees, Bó was launched to the public on 27 November 2019. [3] The development of Bó was estimated as costing £100 million. [4] The chief executive officer of Bó, Mark Bailie, announced that he would be leaving the bank in 2020. [5]