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Royal Bank of Scotland

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NatWest Group, formerly Royal Bank of Scotland, is a major UK banking and financial services company.

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NatWest Group, previously known as the Royal Bank of Scotland (RBS), is a prominent UK banking and financial services institution. It was bailed out by taxpayers in 2008 and recently returned to full private ownership. NatWest is currently newsworthy due to its agreement to acquire Evelyn Partners, a major UK wealth manager, for £2.7 billion. This acquisition, the bank's largest since its bailout, signifies a strategic move to strengthen its wealth management business, which already includes the private bank Coutts. NatWest outbid Barclays for Evelyn Partners. Separately, the broader context of investigations into Prince Andrew's associations with Jeffrey Epstein, while not directly involving NatWest, highlights the ongoing scrutiny of individuals and institutions within the UK, emphasizing that "nobody is above the law."
Last updated: April 4, 2026