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The Royal Bank of Scotland has joined a number of financial services companies that are tyring to shed their images as national banks and insurance companies by changing their names to abbreviations. HBOS, HSBC, CIBC, TD Banknorth, ING, AIG, ABN AMRO, AEGON...I am not certain that RBS would find any advantage from declaring in favor of the cause of Scottish nationalism or exiting the English market. I would expect that they would make business decisions that would be to the advantage to the bank, and I doubt funding a split from England would been seen as beneficial to anyone at the company. Since they print bank notes, they might become the central reserve bank of Scotland, but that is not necessarily what the bank would desire.
If you look at their non-executive directors, you see Americans, Irish, Australian, South African and then a bunch of people who could be whatever Anglo Scottish mix would make you happy. This does not seem to be an organization poised to become bound to the Scottish national cause.
As for those bastards at HBOS... who know what they are plotting? |
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