The Royal Bank of Scotland (LSE: RBS (http://www.londonstockexchange.com/en-gb/pricesnews/prices/Trigger/genericsearch.htm?bsg=true&ns=RBS)) is one of Scotland's four national clearing banks and one of the oldest in the UK, founded in Edinburgh in 1727 by Royal Charter.
The RoyalBank of ScotlandGroupPLC is one of Scotland's three national clearing banks and one of the oldest in the UK, founded in Edinburgh in 1727 by Royal Charter.
Accordingly the "New Bank" was chartered in 1727 as the RoyalBank of Scotland.
In August 2005 RoyalBank of Scotland purchased a 5% stake in the Bank of China.
The Bank was incorporated in England in 1968 and was formed from the merger of National Provincial Bank Limited and Westminster Bank Limited, which had themselves been formed through a series of mergers involving banks with origins dating back to the 17th century.
National Westminster BankPlc was acquired by The RoyalBank of ScotlandGroupplc on 6 March 2000 and since then it has operated and been managed as a member of the overall RBS Group.
Banks are required to set out their policy on "large exposures" and to inform the FSA of this.
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