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NatWest
National Westminster Bank, commonly known as NatWest, 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. Following ringfencing of the group's core domestic business, the bank became a direct subsidiary of NatWest Holdings; NatWest Markets comprises the non-ringfenced investment banking arm. The British government currently owns around 48.1%, previously 54.7% of NatWest Group after spending £45 billion ($61.87 billion) bailing out the lender in 2008. NatWest is considered one of the Big Four clearing banks in the UK, and it has a large network of over 960 branches and 3,400 cash machines across Great Britain and offers 24-hour ''Actionline'' telephone and online banking services. Today, it has more than 7.5 million personal customers and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Natwest Logo
National Westminster Bank, commonly known as NatWest, is a major retail banking, retail and commercial bank in the United Kingdom based in London, England. It was established in 1968 by the corporate merger, 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. Following ringfencing of the group's core domestic business, the bank became a direct subsidiary of NatWest Holdings; NatWest Markets comprises the non-ringfenced investment banking arm. The British government currently owns around 48.1%, previously 54.7% of NatWest Group after spending £45 billion ($61.87 billion) bailing out the lender in 2008. NatWest is considered one of the Big Four (banking), Big Four Cheque and Credit Clearing Company, clearing banks in the UK, and it has a large network of over 960 branch (banking), branches and 3,400 Automated teller machine, cash machines across Great Britain and offers 2 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NatWest Markets
NatWest Markets is the investment banking arm of NatWest Group. It 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. The Act implements the Independent Commission on Banking recommendation that domestic retail banking should be "ring-fenced" from riskier trading activities by 2019. The ring-fenced group, NatWest Holdings, was created at the same time. To give it legal form, The Royal Bank of Scotland was renamed NatWest Markets in 2018; at the same time Adam and Company (which held a separate PRA banking licence) was renamed The Royal Bank of Scotland, with Adam and Company continuing as an RBS private banking brand. History The NatWest Markets name was previously used from 1992 to 1997, the remnants of which were absorbed into the Royal Bank of Scotland Group o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NatWest Group
NatWest Group plc 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 are National Westminster Bank, Royal Bank of Scotland, NatWest Markets and Coutts. The group issues banknotes in Scotland and Northern Ireland; , the Royal Bank of Scotland was the only bank in the UK to still print £1 notes. Before the 2008 collapse and the general financial crisis, the Group was very briefly the largest bank in the world, and for a period was the second-largest bank in the UK and Europe and the fifth-largest in the world by market capitalisation. Subsequently, with a slumping share price and major loss of confidence, the bank fell sharply in the rankings, although in 2009 it was briefly the world's largest company by both assets (£1.9 trillion ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NatWest Holdings
NatWest Holdings is an intermediate holding company for the NatWest Group's retail banking interests in the United Kingdom. It 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 on Banking recommendation that core domestic operations should be "ring-fenced" from wholesale and investment banking activities by 2019. Operations Registered in England, NatWest Holdings was formed to be the direct parent of five licensed banks: 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 Holt's Military Banking and the private banking houses of Messrs. Drummond and Child & Co. in London and Adam & Company in Edinburgh. Two other licensed banks within the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ulster Bank
Ulster Bank ( ga, Banc Uladh) is a large retail bank, and one of the traditional Big Four (banking)#Ireland, Big Four Irish clearing banks. The Ulster Bank Group is subdivided into two separate legal entities: NatWest, National Westminster Bank, trading as Ulster Bank (registered in England and Wales and operating in Northern Ireland); and Ulster Bank Ireland Designated activity company, dac (UBIDAC – registered in the Republic of Ireland). The headquarters of Ulster Bank in the Republic of Ireland are located on Georges Quay, George's Quay, Dublin, whilst the headquarters of Ulster Bank Northern Ireland are in Donegall Square East, Belfast, and it maintains a large sector of the financial services in both the UK and the Republic of Ireland. Established in 1836, Ulster Bank was acquired by the London County and Westminster Bank in 1917. As a wholly-owned subsidiary of National Westminster Bank (NatWest), it became part of the Royal Bank of Scotland Group (RBS Group) in 2000. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Westminster Bank
International Westminster Bank was a wholly-owned subsidiary of National Westminster Bank and its predecessors from 1913 to 1989, with branches in London, France, Spain and West Germany. At the peak of its operations during the 1980s, the bank had a multibillion-pound deposit base, principally through its London office, which administered the commercial loan and deposit book on behalf of National Westminster Bank's International Division. As such, it engaged in wholesale fixed-term deposits with other banks, corporates and some individual private customers; it accepted short term and medium deposits (up to 12 months) against issuance of its own dollar and sterling-denominated certificates of deposit (CDs); and it administered commercial loans to corporate clients and sovereign governments. History The bank was formed as London County and Westminster Bank (Paris) Limited in 1913. It was renamed London County Westminster and Parr's Foreign Bank Limited in 1920 and shortened to W ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Westminster Bank
Westminster Bank was a British retail bank which operated in England and Wales from 1834 until its merger into the National Westminster Bank in 1970; it continued to exist as a dormant registered non-trading company until 4 July 2017 when it was dissolved. Considered one of the Big Five, it expanded during the nineteenth and twentieth centuries and took over a number of smaller banking companies. History London and Westminster Bank In 1834, the London and Westminster Bank was the first firm founded under the auspices of the Bank Charter Act 1833, which allowed joint-stock banks to be established in the capital. For various reasons, the press, private banking concerns, and the Bank of England were so hostile to the Bank Charter Act that London and Westminster's management was primarily concerned with defending the company's right to exist rather than setting up an extensive branch network. As a result, the bank opened only six London branches in its first three years and no ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Provincial Bank
National Provincial Bank was a British retail bank which operated in England and Wales from 1833 until 1970 when it was merged into the National Westminster Bank. It continued to exist as a dormant non-trading company until 2016 when it was voluntarily struck off the register and dissolved. Considered one of the "Big Five," the National Provincial Bank expanded during the 19th and 20th centuries and took over a number of smaller banking companies. For most of its history it was based on Bishopsgate, at the thoroughfare's junction with Threadneedle Street, in London. It is possible to still see evidence of this bank at Waterloo Station in London, where the logo has been removed but the outline of the words remain. History National Provincial Bank of England The National Provincial Bank played a unique role in the development of commercial banking. Prior to the Act of 1826, English banks were permitted to have no more than six partners – hence the expression "private bank ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coutts
Coutts & Co. is a London-headquartered private bank and wealth manager. Founded in 1692, it is the eighth oldest bank in the world. Today, Coutts forms part of NatWest Group's wealth management division. In the Channel Islands and the Isle of Man, Coutts Crown Dependencies operates as a trading name of The Royal Bank of Scotland International Limited. In 2021, Coutts achieved B-Corp Status becoming only the 3rd UK bank to achieve the certification. History The bank which was to become Coutts & Co, was originally a goldsmith-banker's shop. It was formed in 1692 by a young Scots goldsmith-banker, John Campbell of Lundie, Scotland. He set up business in the Strand, London, under a sign of the Three Crowns, as was customary in the days before street numbers. Today, the Coutts logo still has the three crowns, and its headquarters is still on the Strand. Campbell died in 1712, leaving the business to members of his family. The dominant force was Campbell's son in law, Geor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alison Rose (banker)
Alison Rose (born 1969) is a British banker, and chief executive (CEO) of NatWest Group since November 2019. She is the first woman to lead a major UK lender. Early life Rose was born in 1969. She grew up overseas in a military family. She graduated with a bachelor's degree in History from Durham University in 1991. Career She started her career as a graduate trainee with National Westminster Bank in 1992. Rose was appointed a member of RBS' executive committee on 27 February 2014. In October 2014, as head of commercial and private banking at RBS, she announced a new plan for the bank to bring more women in decision-level and board-level positions. In August 2015, she encouraged her managers to reconnect with the SMBs part of their clientele. In September 2018, she was nominated to lead the Treasury's review focusing on barriers for women in business. The Rose Review found that just one in three UK entrepreneurs is female and only one per cent of venture funding goes to all-f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Isle Of Man Bank
The Isle of Man Bank is a bank in the British Crown dependency of the Isle of Man, providing retail, private and business banking services to the local population. Incorporated in 1865, it has operated as a trading name of RBS International since 2019. It is licensed by the Isle of Man Financial Services Authority in respect of deposit taking and investment business and registered as a general insurance intermediary. History The earliest Manx bank began business in 1802 at Bridge House, Castletown. Formed by George Quayle, Mark Quayle, John Taubman and James Kelly, it was also known as the Isle of Man Bank. The company carried on trading until 1818. Founded by Samuel Harris, Henry Noble, William Moore and William Callister, the Isle of Man Banking Co. Ltd. was established at Athol Street, Douglas on 26 October 1865. It was the first limited liability company enrolled on the register following the passage of the Companies Act 1865. The bank was acquired by National Provi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Howard Davies (economist)
Sir Howard John Davies (born 12 February 1951) is a British economist and author, who is the chairman of NatWest Group and the former director of the London School of Economics. He was the first chairman of the Financial Services Authority. Davies was chairman of the Phoenix Group and, until July 2015, chaired the UK Airports Commission. In February 2015, he was appointed chairman of The Royal Bank of Scotland Group, taking up the role from September 2015. RBS Group was renamed NatWest Group in 2020. Since 2011 he has been a professor at the Paris School of International Affairs, part of Sciences Po. He teaches master's courses on financial regulation and central banking. Early life Howard Davies born in Blackley, Manchester, England. He was educated at Bowker Vale County Primary School and the Manchester Grammar School, where he was the founder editor of ''The Mancunian'', before going as an exchange student to the Memorial University of Newfoundland and to Merton College, U ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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