The Royal Bank of Scotland Group plc (also known as RBS Group) is a private, but partly state-owned and subsidised, British banking and insurance holding company, based in Edinburgh, Scotland. The group operates a wide variety of banking brands offering personal and business banking, private banking, insurance and corporate finance through its offices located in Europe, North America and Asia. In the UK, its main subsidiary companies are The Royal Bank of Scotland,[5] NatWest, Ulster Bank, NatWest Markets, and Coutts.[6] The group issues banknotes in Scotland and Northern Ireland and, as of 2014, The Royal Bank of Scotland is the only bank in the UK to still print £1 notes.[7]
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