Royal bank of Scotland to rebrand as NatWest amid cuts

Royal bank of Scotland to rebrand as NatWest amid cuts

Royal Bank of Scotland's (RBS) new Chief Executive Alison Rose unveiled a new strategy for the taxpayer-backed bank on Friday, including radically cutting back the size of its loss-making investment bank and renaming the company NatWest.. Although the RBS brand will live on in Scotland, the bank will stop using the 293-year-old name at group level and adopt the NatWest brand that grew out of National Westminster Bank, which RBS bought in 2000, and which consistently polls as more popular in customer satisfaction surveys in Britain.. HONG KONG: China's property developers and realtors are turning to virtual reality salesrooms and livestream marketing to thaw a frozen market as the coronavirus epidemic keeps physical offices shut and potential buyers are afraid to leave their homes.. The livestream on Tuesday attracted a total of 510,000 viewers for Sunac, China's fourth-largest developer by sales, but it was unclear whether any of them bid for the property.. Twenty of the top 100 developers have done livestream sales since the virus outbreak, property researcher CRIC said, adding that 92 of them run online sales platforms which some recently revamped in response to the virus.. Trying to make homebuyers more comfortable in buying online, Centaline plans