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Royal Bank of Scotland
Today it is the largest bank in Scotland, the second largest in the UK and Europe, and the fifth largest in the world by market capitalisation. Its shares have a primary listing on the London Stock Exchange.
The bank's head office is in St Andrew's Square, Edinburgh. It has offices throughout Europe, America and Asia.
History of the Royal Bank of Scotland
Constituents of the Royal Bank of Scotland Group
Other facts£100 banknotes of the Royal Bank of Scotland
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. In the year ended 31 December 2004 turnover rose 95% to U.S $1,908.7 million and profits before tax rose 226% to U.S $1,162.7 million. It has offices throughout Europe, America and Asia. In recent years Antofagasta has benefitted from a dramatic rise in the price of copper. The bank's head office is in St Andrew's Square, Edinburgh. It is also has a 50% stake in a venture which has the rights to prospect for minerals in a 60,000 square kilometre region of Peru. Its shares have a primary listing on the London Stock Exchange. Its principal assets are three copper mines in Chile called Los Pelambres, El Tesoro and Michilla, and it still owns the railway, which is used to transport the copper ore.
Today it is the largest bank in Scotland, the second largest in the UK and Europe, and the fifth largest in the world by market capitalisation. In 1996 the company's banking and industrial interests were transferred to another Luksic family company leaving Antofagasta as specialist mining concern.
It was the first bank in the world to offer an overdraft facility. It is traded on the London Stock Exchange and is a constituent of the FTSE 100 Index. It is the only UK bank that still prints a 1 pound note. It is based in Chile and majority owned by the billionaire Luksic family of Chile, but it has a corporate office in London, England. The Royal Bank of Scotland, along with Clydesdale Bank and Bank of Scotland, still prints its own banknotes for Scotland. Antofagasta plc is a mining company which specialises in copper. WorldPay - specialised in Internet Business.
Coutts - UK private bank based in London. Ulster Bank - Belfast-based bank with branches throughout Ireland. Direct Line - telephone financial services company. bank group based in New England.
Citizens Financial Group - U.S. Adam and Company - UK private bank. NatWest - UK clearing bank, head office in London. Royal Bank of Scotland- Scottish clearing bank, head office in Edinburgh.
2000- acquisition of the National Westminster Bank after hostile takeover battle with the Bank of Scotland. 1997- develops internet banking. 1997- Registrars department acquired by Australian share registry company Computershare. 1988- acquisition of Citizens Financial Group of Rhode Island.
1985- Williams and Glyn's bank name merged with the Royal Bank of Scotland. 1985- established the Direct Line insurance brand. 1980- abortive hostile takeover bid by Hong Kong and Shanghai Banking Corporation fails. 1972- merger with National Commercial Bank of Scotland.
1920- acquisition of various small English banks to form Williams Deacons Bank,later combined with Glyn Mills & Co. to form Williams and Glyn's Bank. 1874- first London branch opens. 1783- first branch in Glasgow opens. 1727- founded in Edinburgh by Royal Charter.