August 28, 2014 10:53 AM ET

Banks

Company Overview of National Westminster Bank plc

Company Overview

National Westminster Bank Plc, together with its subsidiaries, provides banking and financial products and services to personal, commercial, and large corporate and institutional customers in the United Kingdom, the United States, Europe, and internationally. It operates in UK Retail, UK Corporate, Wealth, International Banking, Ulster Bank, and Markets divisions. The UK Retail division offers a range of banking products and related financial services to the personal market through network of branches and ATMs in the United Kingdom, as well as telephony, online, and mobile channels. The UK Corporate division provides banking, finance, and risk management services to the corporate and SME sec...

135 Bishopsgate

London,  EC2M 3UR

United Kingdom

Founded in 1968

25,600 Employees

Phone:

44 20 7085 5000

Key Executives for National Westminster Bank plc

Chief Executive Officer and Executive Director
Age: 57
Group Finance Director and Executive Director
Age: 53
Chief Executive Officer of South Bristol
Unit Chief Executive Officer
Unit Chief Executive Officer
Compensation as of Fiscal Year 2014.

National Westminster Bank plc Key Developments

National Westminster Bank plc Announces Dividend on Preference Shares, Payable on October 16, 2014

The Directors of National Westminster Bank plc have declared the specified dividend on the undernoted Series of non-cumulative preference shares of £1.00 each for the six months to October 16, 2014. The dividend will be paid on October 16, 2014 at the undernoted rate to holders on the register at the close of business on September 5, 2014.

National Westminster Bank to Eliminate 200 Positions

Royal Bank of Scotland Group Plc announced that it is eliminating 361 branch manager positions at unit National Westminster Bank Plc, but it will also create 116 roles by assigning individual managers responsibility for multiple branches. RBS said it also plans to establish 45 new customer services positions at the unit, which would mean a net reduction of 200 jobs.

National Westminster Bank plc Declares Dividend on Undernoted Series of Non-Cumulative Preference Shares, Payable on July 16, 2014

The directors of National Westminster Bank plc have declared the specified dividend on the undernoted Series of non-cumulative preference shares of USD 25.00 each for the three months to July 16, 2014. The dividend will be paid on July 16, 2014 at the undernoted rate to holders on the register at the close of business on June 6, 2014.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 8, 2014
NatWest Stockbrokers Limited
 

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