Royal Bank of Scotland


Also found in: Acronyms, Encyclopedia, Wikipedia.

Royal Bank of Scotland

A major retail bank in the United Kingdom. Established in 1727, it gradually expanded its operations throughout the rest of the British Isles. It is one of three banks permitted to issue banknotes in Scotland. It was the world's first bank to offer customers an overdraft facility, which it has done since the year after it opened.
References in periodicals archive ?
As part of the partnership, Royal Bank of Scotland will be offering support to entrepreneurs and startups through their team of Business Growth Enablers and business banking teams who will work as mentors and advisors.
Staff from Royal Bank of Scotland joined with former Celtic and Rangers players, Mark Hateley and Bobby Petta, to put the Scotland Homeless World Cup team through its final training session in Glasgow today.
day to day management of the loan portfolio will remain with Royal Bank of Scotland N.
Among the 15, Moody's has assigned negative outlooks to the ratings of nine -- Bank of America, Barclays, Citigroup, Goldman Sachs, HSBC, JPMorgan, Morgan Stanley, Royal Bank of Scotland and Credit Agricole, saying that "government support is likely to become less certain and predictable over time.
Jennifer Hill, an executive with Royal Bank of Scotland (LSE: RBS), and a former Goldman Sachs (NYSE: GS) managing director, would soon take over as chief financial officer at Bank of America Merrill Lynch's investment bank.
There have also been calls to break up Lloyds, even though it does not have a major investment bank, to promote competition, and split NatWest from Royal Bank of Scotland.
Summary: Royal Bank of Scotland should not be "leading the way" when it comes to bankers' bonuses, the Prime Minister has said.
873 million shares) of The Royal Bank of Scotland Ltd to get control of the bank.
As European financial firms UBS and Deutsche Bank announced their quarterly earnings for the second quarter of the year 2010, share prices of the Royal Bank of Scotland Group plc (NYSE:RBS) went up.
Meanwhile, Royal Bank of Scotland defeated Dubai Islamic Bank in the Inter-Bank tournament, organised.
The Prime Minister said the Government had signed lending agreements with the Royal Bank of Scotland, LloydsTSB and Northern Rock.
Royal Bank of Scotland (NYSE:RBS) and Citigroup (NYSE:C) have cancelled orders worth USD45m from private jet manufacturer Dassault Aviation, the French manufacturer.
Full browser ?