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Royal Bank of Scotland Group plc


2021 Vault Rankings

At a Glance


“The people are fantastic”

“The culture”

“Ability to work with senior level people and gain responsibility early”


“Long hours”

“The commute/location in Stamford, Conn.”

“The bank isn’t performing well financially and instability affects morale”

The Buzz

“Messy risk management”

“Not relevant anymore”

“Uncertainty hurts morale and reputation”

About Royal Bank of Scotland Group plc

The Royal Bank of Scotland (RBS) serves more than 40 million individuals and institutions through 30 different brands. Its main divisions include: U.K. Corporate Banking, U.S. Retail and Commercial banking (which offers services through the Citizens and Charter One brands), U.K. Personal Banking (through the NatWest and RBS brands), and Markets and International Banking, which is the wholesale banking business of RBS Group. This business provided RBS’s global client base with debt financing, risk management, and transaction services The Markets business provides RBS’s global client base with fixed income offerings across asset-backed products, rates, currencies, credit, and debt capital markets. The International Banking unit works with clients to execute debt financing, risk management, and transaction banking services. Markets and international banking operates from four key trading hubs: Stamford, Conn.; London; Singapore; and Tokyo.

Truly a royal bank, RBS was chartered by King George in 1727. For the first 50 years of its existence, RBS operated from a single location in Edinburgh, but in 1783, it opened a branch in Glasgow. By the 1870s, it had set up shop in London, and from there it grew rapidly, acquiring a number of English banks and opening a New York office in 1960. More mergers followed, and it celebrated Britain's biggest bank takeover with the 2000 acquisition of National Westminster Bank (NatWest). In 2007, RBS led a consortium to acquire ABN AMRO, marking the world's biggest bank takeover. In its 2008 fiscal year, RBS set a record (but not a pretty one): the bank's annual loss of over £24 billion represented the biggest annual loss of any corporation in British history. One week after dropping that bombshell, RBS became the first bank to join the British government's asset protection program for troubled institutions, eventually accepting funds from a £50 billion bailout plan, a move that left the British government with a 70 percent stake in the bank. Today, RBS is led by Alison Rose, its CEO, and employs approximately 67,000 people worldwide.

Royal Bank of Scotland Group plc

36 St. Andrews Square
Edinburgh EH2 2YB
Phone: +44-0-131-556-8555

Firm Stats

Employer Type: Public
Stock Symbol: RBS
Stock Exchange: LSE, NYSE
CEO: Alison Rose
2019 Employees (All Locations): 67,000

Major Office Locations

Calgary, Canada
Toronto, Canada
Los Angeles, CA
San Francisco, CA
Stamford, CT
Washington, DC
Atlanta, GA
Boston, MA
New York, NY
Houston, TX
Madrid, Spain
Zurich, Switzerland
London, United Kingdom
Edinburgh, United Kingdom
Paris, France
Frankfurt, Germany
Dublin, Ireland