From Bailout to Renaissance: NatWest Group's Journey from Scotland to the World

From Bailout to Renaissance: NatWest Group's Journey from Scotland to the World

Founded in a 1968 merger, NatWest Group faced a major setback in 2008. Discover the twists and turns this Scottish-based bank took to re-emerge as a global banking force.

In Edinburgh, Scotland, NatWest Group was born from the 1968 merger of National Commercial Bank of Scotland and the Royal Bank of Scotland. With a global presence in banking, insurance, and corporate finance, subsidiaries like National Westminster Bank, Royal Bank of Scotland, NatWest Markets, Coutts, and Evelyn Partners marked its growth. The issuance of banknotes in Scotland and Northern Ireland was also significant. However, a significant setback occurred in 2008 when the government bailed it out, holding a majority share until extensive downsizing and restructuring paved the way for its resurgence.

Sources: Wikipedia, OpenStreetMap, Wikidata, Wikimedia Commons

Written by Nicolo Ciampini

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