NatWest Markets

This article is about the investment banking arm. For the retail bank, see NatWest. For the parent company, see NatWest Group.

NatWest Markets plc
Formerly
  • RBSG Public Limited Company (1984– 1985)[1]
  • The Royal Bank Of Scotland Public Limited Company (1985–2018)[1]
Company typePublic limited company (subsidiary undertaking)
IndustryInvestment Banking
Founded2016 (1992)
HeadquartersLondon, England, UK
Key people
  • Robert Begbie (Chief Executive)
Products
  • Risk Management
  • Rates
  • Financing
  • Currencies
ParentNatWest Group
Websiteci.natwest.com

NatWest Markets plc is the investment banking arm of NatWest Group based in the United Kingdom.

The company was created from the then RBS Group's corporate and institutional banking division in 2016, as part of a structural reform intended to comply with the requirements of the Financial Services (Banking Reform) Act 2013 and to give the NatWest brand greater prominence. The Act implements the Independent Commission on Banking recommendation that domestic retail banking should be "ring-fenced" from riskier trading activities by 2019.[2] The ring-fenced sub-group, NatWest Holdings, was created at the same time.

To give it legal form, The Royal Bank of Scotland was renamed NatWest Markets in 2018; at the same time Adam and Company (which held a separate PRA banking licence) was renamed The Royal Bank of Scotland, with Adam and Company continuing as an RBS private banking brand until 2022.[3]

  1. ^ a b "Natwest Markets plc overview - Find and update company information - GOV.UK". Companies House. 31 October 1984. Retrieved 20 February 2024.
  2. ^ RBS brings back NatWest Markets name as part of 'ring-fencing' BBC News, 30 September 2016
  3. ^ Treanor, Jill RBS to strengthen NatWest brand The Guardian, 30 September 2016