NatWest Group

NatWest Group plc is a British holding company for banks and insurance. It is based in Edinburgh, Scotland. The group runs a wide range of banking names that offer personal and business banking, private banking, investment banking, insurance, and corporate finance. National Westminster Bank, Royal Bank of Scotland, NatWest Markets, and Coutts are its key subsidiary companies in the UK. The group prints bills in Scotland and Northern Ireland. As of 2014, the Royal Bank of Scotland was the only bank in the UK that still printed £1 notes.

Before the crash of 2008 and the global financial crisis, the Group was the biggest bank in the world for a short time. It was also the second-biggest bank in the UK and Europe for a while and the fifth-biggest bank in the world by market capitalization. After that, the bank fell sharply in the rankings because its share price dropped, and people lost a lot of faith in it. However, in 2009, it was briefly the world's biggest company in terms of both assets (£1.9 trillion) and liabilities (£1.8 trillion). It had to be saved by the 2008 United Kingdom bank rescue plan from the UK government.

The government kept a majority share until March 28, 2022. UK Government Investments held and controlled this share. After the NatWest Group bought back shares, the government now owns 42% of the company. The company's main shares are traded on the London Stock Exchange, but they are also on the New York Stock Exchange.

Founded: 1968

Headquarter: Edinburgh, Scotland, UK

Website: https://www.natwestgroup.com/