RBS Securities
Subsidiary | |
Industry | Financial services |
Founded | 1981 |
Headquarters |
600 Washington Blvd Stamford, Connecticut 06830 United States |
Products | Financial services, Investment banking |
Parent | The Royal Bank of Scotland Group |
Website | Official website |
RBS Securities Inc., formerly Greenwich Capital Markets Inc., is a United States investment bank/broker-dealer owned by The Royal Bank of Scotland Group through its NatWest subsidiary in the United Kingdom. The bank is based in Stamford, Connecticut and specializes in fixed income arbitrage and other fixed income strategies.
History
Established in 1981, Greenwich Capital Markets was acquired by National Westminster Bank Plc in 1996, trading as Greenwich NatWest under the joint management of co-chief executives Gary Holloway and Konrad "Chip" Kruger, until 2000, when National Westminster Bank was taken over by the Royal Bank of Scotland Group. It became RBS Securities in 2009, prior to which time it had traded as RBS Greenwich Capital.
Services
RBS Securities is a fixed-income capital markets firm, underwriter, trader, and distributor of fixed-income investment products, and provides a full range of debt financing, risk management and investment services to major corporations and financial and governmental institutions around the world. It is a primary dealer in US Treasury securities.
Rankings and awards
In 2007, RBS was named Currency Derivatives House of the year by RISK Magazine, was named the top North American Securitization house by IFR Magazine, and also ranked 5th in FX market share in the US. By market capitalization as of March 7, 2007, RBS was the second largest bank in the UK and in Europe and ranks fifth worldwide.