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Royal Bank of Scotland Group

The Royal Bank of Scotland Group plc
Public limited company
Traded as
RBS
Industry Banking
Financial services
Founded 1727; 290 years ago (1727)
Headquarters Edinburgh, Scotland,
United Kingdom
Area served
Worldwide
Key people
Sir Howard Davies
(Chairman)
Ross McEwan
(Group Chief Executive)
Products Finance and insurance
Consumer Banking
Corporate Banking
Investment Banking
Private banking
Mortgages
Credit Cards
Revenue £12.590 billion (2016)
£(4.082) billion (2016)
£(5.248) billion (2016)
Total assets £798.656 billion (2016)
Total equity £49.404 billion (2016)
Owner UK Financial Investments (73%)
Number of employees
77,900 (2017)
Subsidiaries The Royal Bank of Scotland
NatWest
Ulster Bank
Isle of Man Bank
Coutts
Adam and Company
Child & Co.
Drummonds Bank
NatWest Markets
RBS Securities
Website www.rbs.com

The Royal Bank of Scotland Group plc (also known as RBS Group) is a British banking and insurance holding company, based in Edinburgh, Scotland. The group operates a wide variety of banking brands offering personal and business banking, private banking, insurance and corporate finance through its offices located in Europe, North America and Asia. In the UK and Ireland, its main subsidiary companies are The Royal Bank of Scotland,NatWest, Ulster Bank and Coutts. The group issues banknotes in Scotland and Northern Ireland and, as of 2014, The Royal Bank of Scotland is the only bank in the UK to still print £1 notes.

Outside the UK, from 1988 to 2015 it owned Citizens Financial Group, the 13th largest bank in the United States, and from 2004 to 2009 it was the second largest shareholder in the Bank of China, itself the world's fifth largest bank by market capitalisation in February 2008.

Before the 2008 collapse and the general financial crisis, RBS Group was very briefly the largest bank in the world and for a period was the second largest bank in the UK and Europe (fifth in stock market value), and the fifth largest in the world by market capitalisation. Subsequently, with a slumping share price and major loss of confidence, the bank fell sharply in the rankings, although in 2009 it was briefly the world's largest company by both assets (£1.9 trillion) and liabilities (£1.8 trillion). It received significant support from the UK government, which, as of August 2015, holds and manages a 73% stake through UK Financial Investments (UKFI).

In addition to its primary share listing on the LSE, the company is also listed on the .


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