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Encyclopedia > The Royal Bank of Scotland
The Royal Bank of Scotland Group PLC
Logo of the Royal Bank of Scotland
Type Public
Founded 1727
Location Edinburgh, Scotland
Key people Sir Fred A. Goodwin, CEO
Sir George R. Mathewson, Chairman
Industry Finance and Insurance
Products Financial Services
Revenue {{{revenue}}}
Website www.rbs.co.uk


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. Royal Bank of Scotland logo File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ... Literally a public company is a company owned by the public. ... Wiktionary has a definition of: Foundation This is a disambiguation page — a navigational aid which lists other pages that might otherwise share the same title. ... Events June 11 - George, Prince of Wales becomes King George II of Great Britain. ... Edinburgh viewed from Arthurs Seat. ... Fred Goodwin (born 1959 and known by City financiers as Fred the Shred) is the current chief executive of the Royal Bank of Scotland group. ... Finance and Insurance is an industry group that mainly handles the transfer of paper and money, financial assets. These include: Accounting, Asset Management, Electronic Communications Networks, Financial Services Regulatory Agencies, Investment Banking Investment Firms, Investment Funds, Lending, Outsourced Financial Products & Services Marketing, Securities Brokers & Traders, Stock Exchanges, Trade Facilitation, and... Financial services is a term used to refer to the services provided by the finance industry. ... In business, revenue is the amount of money that a company actually receives from its activities, mostly from sales of products and/or services to customers. ... The front page of the English Wikipedia website. ... The Source by Greyworld, in the new LSE building The London Stock Exchange (abbreviated LSE) is a stock exchange market located in London. ... Scotland (Scottish Gaelic: Alba) is a country in northwest Europe, occupying the northern third of the island of Great Britain. ... Edinburgh viewed from Arthurs Seat. ... Events June 11 - George, Prince of Wales becomes King George II of Great Britain. ... In the United Kingdom and Canada a Royal Charter is a charter granted by the Sovereign on the advice of the Privy Council, which creates or gives special status to an incorporated body. ...


Today it is the largest bank in Scotland, the second largest in the UK and Europe, and the fifth largest in the world by market capitalisation. Its shares have a primary listing on the London Stock Exchange. The essential function of a bank is to provide services related to the storing of value and the extending of credit. ... World map showing location of Europe A satellite composite image of Europe Europe is geologically and geographically a peninsula, forming the westernmost part of Eurasia. ... Market capitalization, often abbreviated to market cap, mkt. ... The Source by Greyworld, in the new LSE building The London Stock Exchange (abbreviated LSE) is a stock exchange market located in London. ...


The bank's head office is in St Andrew's Square, Edinburgh. It has offices throughout Europe, America and Asia World map showing location of Europe A satellite composite image of Europe Europe is geologically and geographically a peninsula, forming the westernmost part of Eurasia. ... The Americas (sometimes referred to as America) is the area including the land mass located between the Pacific Ocean and the Atlantic Ocean, generally divided into North America and South America. ... World map showing location of Asia A satellite composite image of Asia Asia is the central and eastern part of the continent of Eurasia, defined by subtracting the European peninsula from Eurasia. ...

Contents

History of the Royal Bank of Scotland

  • 1727- founded in Edinburgh by Royal Charter;
  • 1783- first branch in Glasgow opens;
  • 1874- first London branch opens;
  • 1920- acquisition of various small English banks to form Williams Deacons Bank,later combined with Glyn Mills & Co. to form Williams and Glyn's Bank
  • 1972- merger with National Commercial Bank of Scotland
  • 1980- abortive hostile takeover bid by Hong Kong and Shanghai Banking Corporation fails
  • 1985- established the Direct Line insurance brand
  • 1985- Williams and Glyn's bank name merged with the Royal Bank of Scotland
  • 1988- acquisition of Citizens Financial Group of Rhode Island.
  • 1997- develops internet banking
  • 2000- acquisition of the National Westminster Bank after hostile takeover battle with the Bank of Scotland.

Events June 11 - George, Prince of Wales becomes King George II of Great Britain. ... 1783 was a common year starting on Wednesday (see link for calendar). ... Glasgows location in Scotland Glasgow or Ghlaschu is Scotlands largest city, on the River Clyde in west central Scotland. ... 1874 was a common year starting on Thursday (see link for calendar). ... 1920 is a leap year starting on Thursday (link will take you to calendar) Events January January 7 - Forces of Russian White admiral Kolchak surrender in Krasnoyarsk. ... 1972 was a leap year that started on a Saturday. ... 1980 is a leap year starting on Tuesday. ... HSBC logo HSBC Holdings PLC (NYSE: HBC), (LSE: HSBA) , (HKSE: 005) , (Euronext: HSBC) , is one of the largest banking groups in the world. ... 1985 is a common year starting on Tuesday of the Gregorian calendar. ... Direct Line is a division of the Royal Bank of Scotland that specialises in selling insurance and other financial services over the phone and internet. ... 1985 is a common year starting on Tuesday of the Gregorian calendar. ... 1988 is a leap year starting on a Friday of the Gregorian calendar. ... Citizens Financial Group, Inc. ... State nickname: The Ocean State Other U.S. States Capital Providence Largest city Providence Governor Donald Carcieri Official languages None Area 4,005 km² (50th)  - Land 2,709 km²  - Water 1,296 km² (32. ... 1997 is a common year starting on Wednesday of the Gregorian calendar. ... 2000 is a leap year starting on Saturday of the Gregorian calendar. ... Old NatWest logo NatWest (formerly the National Westminster Bank) is the United Kingdoms third biggest bank. ... Logo of the Bank of Scotland The Governor and Company of the Bank of Scotland is a major commercial bank in Scotland, and, to a lesser extent, in the rest of the United Kingdom and the Republic of Ireland. ...

Constituents of the Royal Bank of Scotland Group

Edinburgh viewed from Arthurs Seat. ... Old NatWest logo NatWest (formerly the National Westminster Bank) is the United Kingdoms third biggest bank. ... The Clock Tower of the Palace of Westminster which contains Big Ben London is the capital city of the United Kingdom and of England. ... Citizens Financial Group, Inc. ... Wikiquote quotations related to: United States Wikinews has news related to this article: United States United States government Official website of the United States government - Gateway to governmental sites White House - Official site of the US President Senate. ... Modern New England, the six northeastern-most states of the United States, indicated by red The New England region of the United States is located in the northeastern corner of the country. ... Direct Line is a division of the Royal Bank of Scotland that specialises in selling insurance and other financial services over the phone and internet. ... Ulster Bank, one of the Big Four in Ireland is a large commercial bank. ... Location within the British Isles. ... Logo of the Coutts and Co Bank Ltd Coutts & Co is a bank in the United Kingdom owned by the Royal Bank of Scotland Group. ... WorldPay is a division of the Royal Bank of Scotland specialised in handling international transactions. ...

Other facts

£100 banknotes of the Royal Bank of Scotland
  • The Royal Bank of Scotland still prints its own banknotes for Scotland
  • It was the first bank in the world to offer an overdraft facility
  • In June 1997, The Royal Bank of Scotland became the first high street bank in the UK to introduce an Internet banking service.
  • The bank's annual gross profits exceeds the annual budget of the Scottish Government

Royal Bank of Scotland £100 illustration This work is copyrighted. ... Royal Bank of Scotland £100 illustration This work is copyrighted. ... British banknotes are the banknotes of the United Kingdom and British Islands, denominated in pounds sterling (GBP). ... Scotland (Scottish Gaelic: Alba) is a country in northwest Europe, occupying the northern third of the island of Great Britain. ... The Scottish Executive (Riaghaltas na h-Alba in Gaelic) is the executive arm of the Scottish Parliament. ...

See also

Independent British banks The table shows the main independent British banks. ... British banknotes are the banknotes of the United Kingdom and British Islands, denominated in pounds sterling (GBP). ... This is a list of banks throughout the world. ...

External links

  • The Royal Bank of Scotland Group official site (http://www.rbs.com)

Data


  Results from FactBites:
 
Royal Bank of Scotland - Wikipedia, the free encyclopedia (973 words)
The Royal Bank of Scotland Group PLC 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 Royal Bank of Scotland.
In August 2005 Royal Bank of Scotland purchased a 5% stake in the Bank of China.
  More results at FactBites »


 

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