Headquarters: Edinburgh, United Kingdom
Founded: 25 March 1968
CEO: Ms. Alison Marie Rose-Slade B.A.
GBP as of April 1, 2022
NatWest Group, standing for National Westminster, previously known as The Royal Bank of Scotland and RBS, is a private, and partly publicly-owned, banking, and insurance holding company. Tracing its origins to 1707, NatWest Group operates in Europe, North America, and Asia through multiple brands providing personal and business banking, private banking, insurance, and corporate finance, notably NatWest, The Royal Bank of Scotland, Ulster Bank, and Coutts.
|Company||Market Cap (USD)|
|Bank of America||$350.84 B|
|Wells Fargo||$200.01 B|
|China Construction Bank||$189.37 B|
NatWest Group plc, together with its subsidiaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers in the United Kingdom and internationally. It operates through Retail Banking, Commercial Banking, Private Banking, RBS International, and NatWest Markets segments. The Retail Banking segment offers a range of banking products and related financial services, such as current accounts, mortgages, personal unsecured lending, and personal deposits, as well as mobile and online banking services. The Commercial Banking segment offers banking and financing solutions to start-up, SME, commercial, corporate, and institutional customers. The Private Banking segment provides private banking and wealth management products for high-net-worth individuals and their business interests. The RBS International segment offers banking various products and services to institutional customers. It also operates in wholesale branches and fund depositary service businesses. The NatWest Markets segment provides services to corporate and institutional customers for the management of financial risks for achieving short-term and long-term sustainable financial goals. NatWest Group plc operates approximately 800 branches and 16,000 physical points of presence. The company was formerly known as The Royal Bank of Scotland Group plc and changed its name to NatWest Group plc in July 2020. NatWest Group plc was founded in 1727 and is headquartered in Edinburgh, the United Kingdom.
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, 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; as of 2014, 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) and liabilities (£1.8 trillion). It had to be bailed out by the UK government through the 2008 United Kingdom bank rescue package. The government retained a majority share until 28 March 2022, held and managed through UK Government Investments. Following a buyback by the NatWest Group, the government now holds a 48.1% share in the company. In addition to its primary share listing on the London Stock Exchange, the company is also listed on the New York Stock Exchange.
Source: Wikipedia, retrieved on March 31, 2022, 9:02 p.m.
Finance and insurance Retail banking Corporate banking Investment banking Private banking Mortgages Credit cards
Sir Howard Davies Alison Rose
Revenue: £10.512 billion (2021)
Operating income: £4.032 billion (2021)
Net income: £3.312 billion (2021)
Total assets: £781.992 billion (2021)
Total equity: £41.803 billion (2021)