Type Subsidiary undertaking Products Broker-dealer Founded 1981 | Industry Financial services Website Official website | |
Headquarters Stamford, Connecticut, United States Parent organizations Royal Bank of Scotland Group, RBS Holdings USA Inc. | ||
Rbs securities launches five exchange traded notes at the nyse
RBS Securities, formerly Greenwich Capital Markets, is a United States broker-dealer ultimately owned by The Royal Bank of Scotland Group in the United Kingdom. It is based in Stamford, Connecticut and specialises in fixed income arbitrage and other fixed income strategies.
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History
Established in 1981, Greenwich Capital Markets was acquired by National Westminster Bank from Long-Term Credit Bank of Japan in 1996.
From 1998 until 2000, when National Westminster Bank was taken over by the RBS Group, it was part of Greenwich NatWest under the joint management of co-chief executives Gary Holloway and Konrad "Chip" Kruger.
Greenwich Capital Markets Inc. became RBS Securities Inc. (trading as RBS) in 2009, prior to which it had used the marketing name RBS Greenwich Capital. It is a direct subsidiary of RBS Holdings USA Inc. (until 2009, known as Greenwich Capital Holdings Inc.), whose direct parent is Delaware-registered NatWest Group Holdings Corporation, formed in 1996 to facilitate the purchase.
Services
RBS Securities is a fixed-income capital markets firm, underwriter, trader, and distributor of fixed-income investment products; it 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.
Awards
In 2007, RBS was named Currency Derivatives House of the year by RISK Magazine, the top North American Securitization house by IFR Magazine and ranked fifth by foreign exchange market share in the US. At the time, the parent group was the second largest bank in the UK and in Europe by market capitalisation and ranked fifth worldwide.