RBS to slash investment bank, rebrand as NatWest

  • 📰 Reuters
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 97%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

'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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

I use Ellevest to invest and would recommend it to anyone - Business Insider'I plan to stick with Ellevest for the long haul, and I'm looking forward to watching my money continue to work for me'
Source: BusinessInsider - 🏆 729. / 51 Read more »