The company operates as an international banking company.
It provides a wide range of products and services to retail and commercial customers, and large corporate customers through its two principal subsidiaries:
The Royal Bank of Scotland Plc
National Westminster Bank Plc
It is also done through a number of other brands including Citizens, Ulster Bank, Charter One, Coutts, Churchill and Direct Line. The company was founded in 1727 and has its headquarters in Edinburgh. Currently the company is headed by Ross Mcewan and has 108700 employees working for it. RBS’s operations are divided into Core and Non-Core. The Core part is further divided into; Retail & Commercial consisting of:
The UK Retail division: It offers an extensive variety of saving money items and related monetary administrations to the individual business sector.
The UK Corporate division gives saving money, back and risk administrations to the corporate and small and medium-sized endeavor part in the United Kingdom. It offers a scope of keeping money items and related budgetary administrations through an across the nation system of relationship chiefs, furthermore through phone and web channels.
The Wealth division gives private saving money and venture benefits in the United Kingdom through Coutts & Co. also, Adam & Co, seaward keeping money through RBS International, NatWest Offshore and Isle of Man Bank, and worldwide private managing an account through Coutts & Co. Ltd.
The Global Transaction Services division gives money and liquidity administration, exchange account and business card items and administrations. The Ulster Bank division gives an exhaustive scope of budgetary administrations. The U.S. Retail & Commercial division gives money related administrations essentially through the Citizens and Charter One brands. The Global Banking & Markets division gives broad scope of obligation and value financing, danger administration and venture administrations. The RBS Insurance division gives an extensive variety of general protection items to purchasers through various no doubt understood brands including Direct Line, Churchill and Privilege. It additionally gives protection administrations to outsider brands through its UKI Partnerships business. The Central Functions division embodies gathering and corporate capacities, for example, treasury, subsidizing and account, hazard administration, legitimate, correspondences and HR.