Royal Bank of Scotland Group

Royal Bank of Scotland (RBS) is a leading banking institution established in 1727 in Edinburgh, Scotland. The bank was formed by a number of investors who reinvented the wheel when the initial Company of Scotland failed to sustain its business. With its headquarters in Edinburgh, RBS has launched numerous innovative products that continued to transform the banking sector. For instance, the bank is the first to devise an overdraft concept that altered the entire sector and prompted the invention of new products. The bank offers a wide range of banking and insurance services to individual and business consumers. In addition, the bank operates over 19 ‘mobile banks’ to serve people living in remote areas.

Currently, the bank operates more than 700 branches in Scotland, Wales, and the UK. Furthermore, the bank has key brands that include Child & Co., Drummonds, Coutts, NatWest, Lombard, Holts, Ulster Bank, and Isle of Man Bank. The bank is mainly listed on the New York Stock Exchange market.

 

Latest Royal Bank of Scotland Group News

FTSE 100 Index – An Insight Into The Friday Trading Session

The financial experts, analysts, investors, and traders alike have been interested in the two macro events of the U.S – China trade war and the United Kingdom’s departure from the European Union for the longest time. The global financial markets...

RBS share price: Bank fined over currency rigging

The European Commission has fined a string of lenders, including Royal Bank of Scotland Group (LON:RBS) for rigging the foreign exchange market, Brussels has said. The lender, which remains part-owned by the UK government, said that its fine was covered...

RBS share price: CEO could lose £2m bonus

The outgoing chief executive of Royal Bank of Scotland Group (LON:RBS) could lose a £2-million bonus if he joins a rival Down Under, The Telegraph has revealed. The news comes after the bailed-out lender disclosed last week that Ross McEwan...

RBS share price falls as group posts profit drop

Shares Royal Bank of Scotland Group (LON:RBS) are in the doldrums again this Friday, as the bailed-out lender posted a drop in first-quarter profit. The results, which follow those of peer Barclays (LON:BARC) yesterday, come after the part government-owned bank...

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