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RBS to slash investment bank, rebrand as NatWest

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'Now feels the right time to rename our group to NatWest Group. It aligns to the majority of our customers who know us as NatWest,' Royal Bank of Scotland’s new Chief Executive Alison Rose said

The bank will stop financing coal power stations by 2030 and is aiming to make its own operations carbon positive by 2025.

The lender reported pre-tax profits of 4.2 billion pounds for 2019, 24% higher than 2018 and above analyst expectations. However this will still likely result in further significant job cuts, after the group cut staff numbers by 3,000 in 2019.

 

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Fraud at Freuds involving RBS/Nat West - See Alison Rose/Cameron/Johnson/Blair Theft, plagiarism, GBH, unlawful death, criminal damage, criminal occupation of property- various crime reference numbers issued in connection with the fraud

It will always be known as Royal Bandits of Switzerland. Or Scotland. Whatever.

Errr...Nat west is a subsidiary of RBS and RBS in majority owned by the Government/tax payer. AlisonRose doesn't seem to know her arse from her elbow

And gets rid of a toxic brand.

RBS is a bit of a swear word these days, I can see why they're so desperately trying to shed it. Then again if they carry over the same practices as RBS, NatWest will just become the same.

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