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Relinquished control
- LONDON (AP) — The British government has relinquished control of the former Royal Bank of Scotland for the first time since it bailed out the lender during the global financial crisis almost 15 years ago.
apnews.com/article/business-europe-scotland-financial-crisis-f31dcdf5c4e681e3fc59bf63a5f5b8a7
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Oct 12, 2018 · Ten years after the crisis that led to the bailout of the Royal Bank of Scotland (RBS), the Government still owns 62% of the bank. It could be another seven years before the last publicly-owned share is sold. Here we explore why.
Royal Bank of Scotland unveiled plans in 2009 to resurrect the dormant Williams and Glyn's brand name in preparation for the divestment of its Royal Bank of Scotland-branded retail banking business in England and its NatWest branches in Scotland.
Mar 15, 2021 · The Royal Bank of Scotland (RBS) was accused of benefitting as it left some of its customers in financial ruin. Now, it is reported that Andrew Bailey did not reveal his role in the scandal....
Mar 28, 2022 · The group, formerly known as Royal Bank of Scotland (RBS), was rescued at the height of the 2008 financial crisis with a £45bn government bailout. Following the sale of a chunk of its shares,...
Feb 23, 2018 · Royal Bank of Scotland (RBS) has posted its first profit in a decade as it continues its recovery. The bank - which at 71 per cent is still majority-owned by the taxpayer - today announced a full year profit of £752m, its first since 2007.
The name change will take effect on 22 July 2020. Customers will see no change to products or services as a result of this change and will continue to be served through the brands they recognise today, including NatWest and Royal Bank of Scotland.
Mar 28, 2022 · The British government has relinquished control of the former Royal Bank of Scotland for the first time since it bailed out the lender during the global financial crisis almost 15 years ago.
