RBS 2004 Annual Report Download - page 12

Download and view the complete annual report

Please find page 12 of the 2004 RBS annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 234

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216
  • 217
  • 218
  • 219
  • 220
  • 221
  • 222
  • 223
  • 224
  • 225
  • 226
  • 227
  • 228
  • 229
  • 230
  • 231
  • 232
  • 233
  • 234

Market data
Serves over 95% of the FTSE 100
Serves over 75% of the FTSE 250
Serves 60% of Fortune 100
companies in the US
Banking relationships with over 90%
of the Dow Jones Eurostoxx 50
No.1 Bookrunner of European
leveraged loans
No.1 Global Agent for traditional US
dollar cross-border private
placements
No.1 provider of sterling FX and
interest rate derivatives
No.1 for US government bond sales,
RBS Greenwich Capital
Top 3 for global currency options
No.4 Bookrunner for Syndicated
Loans in Europe, Middle East &
Africa, up from No.7 in 2003
Top 5 globally for FX
10
Divisional profile
Divisional profile
Corporate Banking & Financial Markets
Chief Executive Geography
Johnny Cameron UK, US, Europe and Asia Pacific
Retail Banking
Chief Executive Geography
Benny Higgins UK
Through two of the UK’s best-known banking brands, The Royal
Bank of Scotland and NatWest, Retail Banking has the largest
network of bank branches and ATMs in the UK. It offers a wide
range of banking, financial, insurance, life assurance and pension
products through branches, direct banking and the internet. It is
the leading bank for students and for small business customers.
During 2004 Retail Banking continued to expand its customer base
and grow its loan portfolio, particularly in mortgages and deposits.
Market data
Largest retail network in the UK
2,273 branches
Over 4,600 Natwest and Royal Bank of Scotland ATMs
Over 14 million personal customers
Largest provider of banking services to small and
medium sized enterprises (SMEs) in the UK
Over 1.1 million business customers
Corporate Banking & Financial Markets (CBFM) is the leading
corporate bank in the UK, providing banking services and
integrated financial solutions to medium-sized and large businesses.
CBFM is also a major provider of financing and risk management
solutions to international corporate and institutional clients through
operations across Europe, the US and Asia Pacific.
With all clients, CBFM focuses on building long-term relationships
and meeting their specific needs.
In 2004 CBFM continued to grow in the UK whilst expanding its
operations in other markets.