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Historically, the Royal Bank of Scotland stock price went from a high of over 6,900 pence in early 2007 (taking into account a 3 for 1 reverse stock split that took place later that year) to around 120 pence February 2009 and up to 187 pence by December 2011. [64] In 2012 RBS shares were consolidated on a 1 for 10 basis.
In 2004, RBS purchased the credit card division of Connecticut-based People's Bank. [16] [17] This purchase allowed Citizens to issue and market its own credit cards. In October 2015, RBS sold its remaining stake in Citizens Financial Group, having progressively reduced its stake through an initial public offering (IPO) started in 2014. [18]
The Bank of Scotland plc (Scottish Gaelic: Banca na h-Alba) is a commercial and clearing bank based in Edinburgh, Scotland, and is part of the Lloyds Banking Group. The bank was established by the Parliament of Scotland in 1695 to develop Scotland's trade with other countries, and aimed to create a stable banking system in the country. [ 2 ]
Regimental flag of the SCOTS. The Royal Regiment of Scotland (SCOTS) is the senior and only current Scottish line infantry regiment of the British Army Infantry.It consists of three regular (formerly five) and two reserve battalions, plus an incremental company, each formerly an individual regiment (with the exception of the former first battalion (now disbanded and reformed into the 1st Bn ...
All Bank of Scotland notes bear a portrait of Sir Walter Scott on the front in commemoration of his 1826 Malachi Malagrowther campaign for Scottish banks to retain the right to issue their own notes. [9] The Bank of Scotland's 2007 series of banknotes is known as the Bridges of Scotland series. These notes were introduced on 17 September 2007 ...
Rose was the chief executive of commercial and private banking at Royal Bank of Scotland Group and deputy chief executive of NatWest Holdings. [11] [26] In September 2019, it was announced that she would succeed Ross McEwan as CEO of RBS Group on 1 November 2019, making her the "first woman to lead major UK lender". [27]
On Monday, 19 January 2009, a date previously known as Blue Monday, British banking shares collapsed in a rout of selling after Royal Bank of Scotland (RBS) announced the biggest corporate losses in British history. The shares fell over 67% in a single day. Shares in all other British banks suffered heavy losses.
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