The Royal Bank of Scotland Group plc (also known as RBS Group, LSE: RBS) is a British banking and insurance holding company in which the UK Government (HM Treasury) holds an 84% stake. This stake is held and managed through UK Financial Investments Limited, whose voting rights are limited to 75% in order for the bank to retain its listing on the London Stock Exchange, which is where its primary shares are. In addition to the LSE, the company is a...
More
The Royal Bank of Scotland Group plc (also known as RBS Group, LSE: RBS) is a British banking and insurance holding company in which the UK Government (HM Treasury) holds an 84% stake. This stake is held and managed through UK Financial Investments Limited, whose voting rights are limited to 75% in order for the bank to retain its listing on the London Stock Exchange, which is where its primary shares are. In addition to the LSE, the company is also listed on the New York Stock Exchange. The group is based in Edinburgh, Scotland. In 2009, after the financial collapse, it was briefly both the world's largest company by assets (£1.9 trillion) and liabilities (£1.8 trillion).
The group controls The Royal Bank of Scotland plc, founded in 1727 by a Royal Charter of King George I, the National Westminster Bank, which can trace its lineage back to 1650, and Ulster Bank in Ireland. The registered head office of the group and the UK clearing bank are located at St Andrew Square, Edinburgh. In...
Less