trending Market Intelligence /marketintelligence/en/news-insights/trending/paxdlqgeb3ljhb-vsr6y5g2 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

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

RBS Group ring-fencing plan receives court sanction

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity

Street Talk Episode 70 - Banks' Liquidity Conundrum Could Fuel M&A Activity

StreetTalk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk – Episode 69: Banks left with pockets full of cash and few places to go

RBS Group ring-fencing plan receives court sanction

Royal Bank of Scotland Group Plc said its proposed ring-fencing scheme was sanctioned by the Court of Session in Scotland.

RBS Group plans to confirm the date of implementation of the proposed plan in early April. Under the strategy, the group plans to transfer certain personal and business banking as well as commercial banking businesses of Royal Bank of Scotland Plc to Adam & Co. Plc and National Westminster Bank Plc as part of its ring-fencing strategy.

When the scheme becomes effective, Adam & Co. will be renamed The Royal Bank of Scotland Plc, and RBS Plc will be renamed NatWest Markets Plc, the lender noted. NatWest Plc will become the issuer of RBS Plc's covered bond program.

During the second half of 2018, ownership of NatWest Holdings Ltd., the parent for the ring-fenced subgroup that includes NatWest and Adam & Co, will be transferred to RBS Group from RBS Plc. RBS Plc will transfer the authority to issue banknotes in Scotland to Adam & Co., effective from the date of implementation.

Earlier, NatWest Group Holdings Corp. and its units, including RBS Securities Inc., were transferred to RBS Plc from future ring-fenced entity NatWest.

NatWest Group Holdings will be outside the future ring-fenced sub-group, RBS Group said.