trending Market Intelligence /marketintelligence/en/news-insights/trending/KjRACwZ2_V50rTXthbr_TQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

RBS would move HQ to London if Scotland gained independence, CEO says

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible


RBS would move HQ to London if Scotland gained independence, CEO says

Edinburgh-based Royal Bank of Scotland Group PLC would move its headquarters to London if Scotland gained independence from the rest of the U.K., The (London) Times reported Aug. 7, citing the lender's CEO, Ross McEwan.

McEwan told the newspaper that the bank was too big — with its balance sheet size amounting to roughly £730 billion — for an independent Scottish economy to support and would be unable to rely on another bailout funded by taxpayers.

Scotland's first minister, Nicola Sturgeon, is pushing for an independence referendum and has said there is growing urgency partly because of Brexit, BBC News reported.

McEwan told the Times that Scotland would remain one of the major centers of RBS and that relocating its base of operations would not have a significant impact on jobs in the country.