RBS Announces the Renaming of US Broker-Dealer

"RBS Greenwich Capital" marketing name to be retired

GREENWICH, Conn.--()--RBS today announced it is renaming its US broker-deal entities effective April 1, 2009. In an effort to more clearly identify the firm with The Royal Bank of Scotland Group, the broker-dealer Greenwich Capital Markets, Inc. will be renamed “RBS Securities Inc." As such, the marketing name “RBS Greenwich Capital” will be retired and its associated entities will now operate under the brand name “RBS.” Ordinary course of business and organizational structure at the firm will remain unchanged.

“Our long-term plan has been to ultimately have one SEC-registered broker-dealer for the RBS corporate and institutional businesses in North America," said Bob McKillip, Co-Head of RBS's Global Banking & Markets businesses in the Americas. “This spring colleagues from our various CT and NY offices will begin working together under one roof at the new RBS Americas headquarters in Stamford, CT. With the consolidation of our various offices, this is the perfect time for us to present a consistent RBS brand to both our clients and employees.”

For more information about the name change, please visit www.rbs.com/USGBM

Note to Editors: All references to "RBS Greenwich Capital," including quotations from its executives, economists and market strategists, should now be replaced with "RBS."

About The Royal Bank of Scotland

The RBS group is a large international banking and financial services company. Headquartered in Edinburgh, the Group operates in the United Kingdom, Europe, the Americas and Asia, serving more than 40 million customers. The Group provides a wide range of products and services to personal, commercial and large corporate and institutional customers through its two principal subsidiaries, The Royal Bank of Scotland and NatWest, as well as through a number of other well known brands including, Citizens, Ulster Bank, Coutts, Direct Line and Churchill.

Contacts

RBS
Peter Ward, 203-618-6783
Peter.Ward@rbs.com
or
Holly Wamser, 212-401-3350
Holly.Wamser@rbs.com

Contacts

RBS
Peter Ward, 203-618-6783
Peter.Ward@rbs.com
or
Holly Wamser, 212-401-3350
Holly.Wamser@rbs.com