RBS brings back NatWest Markets name as part of 'ring-fencing'

RBS brings back NatWest Markets name as part of 'ring-fencing'

Royal Bank of Scotland is renaming its investment bank NatWest Markets as part of its separation from the bank's High Street operations.
On the High Street, the NatWest brand will remain in England and Wales, while in Scotland it will be known as RBS.
The bank, which is still 73% owned by the taxpayer, must "ring-fence" its retail bank by 2019 under new rules.
The new structure "will better reflect who we are as a bank", said chief executive Ross McEwan.
The NatWest Markets name was last used by NatWest securities, but scrapped when the bank was taken over by RBS at the... read more

30 September 2016 in Business, Views: 42
Source: BBC

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