RBS to rebrand as Natwest as bank posts £4.2bn profit under new boss Alison Rose

City A.M. | Feb 14, 2020 at 7:32 AM
  • Royal Bank of Scotland reported profit of £4.2bn for 2019 today, beating its financial targets as new boss Alison Rose outlined a rebrand of the bank to its Natwest name.
  • For the fourth quarter, during which Rose took over, the bank posted an operating profit of £1.16bn and attributable profit of £867m.
  • Solving this will require UK and international industry, regulators and experts to come together and find solutions.