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NatWest was forced to abandon its merger, but refused to agree to a takeover by a rival bank. The Royal Bank of Scotland tabled another hostile offer, of £21 billion, outbidding the Bank of Scotland. The takeover of NatWest in early 2000 was the biggest in UK history.
Website. natwestgroup .com. 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 ...
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.
NatWest Holdings Limited [1] is an intermediate holding company for the NatWest Group 's retail banking interests in the United Kingdom. The company was established in 2016, as part of a structural reform intended to comply with the requirements of the Financial Services (Banking Reform) Act 2013. The Act implements the Independent Commission ...
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 ...
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1 Wholly owned subsidiary of NatWest Holdings. The Royal Bank of Scotland ( 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 ...
Contents. 2008 United Kingdom bank rescue package. In the period September 2007 to December 2009, during the events now widely known as the Global Financial Crisis, the UK government enacted a number of financial interventions in support of the UK banking sector and four UK banks in particular. At its peak, the cash cost of these interventions ...