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The Royal Bank of Scotland Group plc

The Royal Bank of Scotland Group plc (RBS Group) was first formed through The Royal Bank of Scotland’s acquisition of the National Westminster Bank (NatWest) in February 2000. As of July 2009 and as a result of the ‘credit crisis’ following the collapse of the sub-prime mortgage market on America, 70.33% of the company is owned by HM Treasury through the Treasury’s bank shareholding management company UK Financial Investments Limited. The bank offers business and personal banking, insurance, corporate finance and private banking and although based in Edinburgh, the bank operates worldwide. Subsidiaries of the Group include RBS, National Westminster Bank, Ulster Bank, Drummonds & Coutts Co. and Citizens Financial Group (USA), and it owns insurance companies Privilege, Direct Line Insurance, NIG and Churchill Insurance.

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Latest articles

City remains positive despite shockers from BA and RBS

06.11.09
Stock market investors were doing their best to look on the bright side today after the combined losses from Royal Bank of Scotland and British Airways reached £1.79 billion during the first six months of the year ... more

RBS loses another £1.5bn with more pain on the way

06.11.09
Royal Bank of Scotland, which this week was promised another £33.5 billion of taxpayers’ money, says it lost a further £1.5 billion in the past three months ... more

‘Could have been worse’ City says to BA and RBS numbers

06.11.09
Investors were doing their best to look on the bright side today after the combined losses from Royal Bank of Scotland and British Airways reached £1.79 billion during the first six months of the year ... more

Steely Neelie’s got it badly wrong on RBS punishment

05.11.09
... more

Oh, it’s the Shane story at Lloyds...

05.11.09
On BBC news, Lloyds Banking Group’s in-house PR Shane O’Riordain says: “Lloyds is a strong, well-capitalised bank.” ... more

British Airways is tumbling despite hopes for Iberia deal

05.11.09
Is the board of British Airways about to buy a one-way ticket to Madrid? That was the story doing the rounds in the Square Mile this morning amid claims that the proposed merger with Spanish carrier Iberia could be completed by the second quarter of next year ... more

G20 protest victim's family demand answers

05.11.09
Family of G20 protest victim Ian Tomlinson said their grief remains raw as they demanded answers over his death... more

Cost-cutting RBS risking a talent drain in move north of the border

04.11.09
... more

The Kroes UK’s banks have to bear

04.11.09
The High Street is about to undergo radical change… all thanks to a feisty woman in Brussels ... more

Services boom is a quandary for the Bank of England

04.11.09
Britain moved a step closer to the end of recession today as the Bank of England grappled with how to secure a lasting recovery... more

RBS chief hits out at Europe over its long list of sell-offs

03.11.09
Stephen Hester, chief executive of Royal Bank of Scotland, attacked the shopping list of sell-offs ordered on it by the European Union, which will force it to sell 318 branches... more

For sale: Three UK banks surplus to requirements

03.11.09
Banking analysis: The Government wants to create three new High Street banks to increase competition in the UK - and today it finally became clear what these banks might look like... more

Biggest bail-out ever for banks

03.11.09
Latest: Biggest bail-out yet of British banks agreed despite evidence that small firms are still being denied the credit they desperately need to survive the recession ... more

Ministers had no choice, let's hope this is the end latest cash injection

03.11.09
Are we any further down the road to recovery in the banking industry? Ask me that question in a year's time, when we've finally come to realise the shape of this recession, and I will give you the answer. ... more

Another £40 billion from us to the banks

03.11.09
The taxpayer bail-out of the banks continues apace, with the biggest cash injection by the state to date... more

Delta Lloyd sell-off disappoints Aviva

03.11.09
On the day Royal Bank of Scotland said that it hopes to float its insurance businesses on the stock market, rival insurer Aviva saw a disappointing sell-off of its Dutch business Delta Lloyd ... more

Banks and miners punished as investors head for exits

03.11.09
Leading shares were struggling to hold above the 5000 level today, as investors headed for the exits... more

'Lehman Sisters' would crash too, says top adviser

03.11.09
Gordon Brown's independent adviser on the City today rejected Harriet Harman's claim that the financial crisis would not have happened if women had been in charge of banks.... more

RBS shares in a tumble as it feels the pain of break-up

02.11.09
Shares in Royal Bank of Scotland tumbled by as much as 17% today after it admitted its break-up ordered by European regulators will be more painful than feared ... more

Banks bruised by break-up moves

02.11.09
The banks faced another harrowing sell-off session following weekend moves by the Government to start hiving off bits and pieces of Lloyds Banking Group, Northern Rock and Royal Bank of Scotland in order to appease the EU regulators ... more

Alistair Darling set for £30bn bank cash injection

02.11.09
Government is poised to pump another £30billion of taxpayers money into the nation's ailing banks... more

Barclays turmoil as Odey sells

02.11.09
Barclays got caught up in the early turmoil which engulfed the banking sector today and saw its shares slump to a three-month low ... more

Banks under pressure as EU forces ING sale

28.10.09
There was no let-up for the banks this morning as they came under fresh selling pressure in the wake of the EU’s insistence that the Dutch state-aided bank ING must be split in two ... more

Separation, rather than size, matters

23.10.09
... more

Mervyn’s Premier kicking for banks

22.10.09
Bank of England Governor Mervyn King certainly grabbed the limelight with his Churchillian language about the banking crisis and bailout... more

RBS set for Euro deal to sell 312 branches

14.10.09
Royal Bank of Scotland is closing in on a deal with the European Commission which will see it hive off 312 English and Welsh branches under the RBS fascia to pass Europe’s state aid rules ... more

Still a long road ahead to clean up mess at RBS

09.10.09
Rebuilding Britain's banks: On the anniversary of the bailout of Britain's banks, we begin a six-part series on how the industry changed - and reforms that are urgently needed... more

RBS bars its credit cards to non-bank customers

05.10.09
NatWest-owner Royal Bank of Scotland (RBS) has slammed its doors closed to credit card customers who do not currently bank with the group ... more

Wobbling investors told to hold their nerve amid slide

05.10.09
Stock market investors whose confidence shows signs of wobbling following a strong performance by shares during the third quarter, were offered some reassurance... more

Blow for RBS as Asia sell-off falls through

05.10.09
Standard Chartered’s talks to take over a large part of Royal Bank of Scotland’s operations in India, Malaysia and China have collapsed ... more

More related topics: The Royal Bank of Scotland Group plc and

  • Facts
  • RBS Group has suffered a number of controversial accusations. In 2008, RBS Group was found to have extensive dealings in the arms trade, including with dealers of cluster bombs and depleted uranium munitions. It has also been accused of supporting the military government of Burma, and has been criticized of financing fossil fuel burning companies.
  • RBS Group is the only bank in the UK that still issues banknotes to the sum of £1, although this only takes place in Northern Ireland and Scotland
  • The Royal Bank of Scotland was founded in 1727, and National Westminster Bank can trace its history back to 1650
  • In 2008, total revenue for the company stood at £49.5billion

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