Natwest Bank Business Plan Template - The name natwest has been related to cricket tournaments held in england. From 1981 till 2000, the bank became the title sponsor of english home cricket's predominant confined overs knockout match, which turned into called the natwest trophy during that period. Among 2000 and 2013, the natwest series become an annual one-day international event concerning england and two traveling international teams. Natwest were also a major sponsor of the 1999 cricket international cup, held in england. In view that may additionally 2017, it has been the blouse sponsor for the england guys's and girls's cricket teams.. The financial institution additionally sponsored england’s test series towards pakistan in 2018. In 1999, the chairman, lord alexander of weedon, announced a merger with prison & general in a friendly £10.7 billion deal, the primary between a financial institution and an insurance organisation in uk records. the circulate became poorly acquired inside the london monetary markets and natwest's percentage price fell appreciably. visible as a driver of the sick-counseled funding banking enlargement, derek wanless become compelled to resign as chief executive following the appointment of sir david rowland (who became executive chairman). also in 1999, in response to the an awful lot reduced natwest market capitalisation, the plenty smaller financial institution of scotland made a antagonistic takeover bid for natwest. The financial institution of scotland's goal became to break up the natwest institution and dispose of its non-retail belongings. Natwest was pressured to abandon its merger, however refused to comply with a takeover by using a rival bank. the royal bank of scotland tabled every other adversarial provide and trumped the bank of scotland with a £21 billion bid. the takeover of natwest in early 2000 become the largest in united kingdom history. Country wide westminster financial institution, once britain's most profitable financial institution, turned into delisted from the london stock alternate and have become, with its subsidiaries, issue parts of the royal financial institution of scotland group. the outcome of this bitter warfare set the tone for a spherical of consolidation inside the financial region because it organized for a brand new age of fierce global competition. the royal bank of scotland institution became the second biggest financial institution inside the united kingdom and europe (after hsbc) and the 5th largest inside the international via market capitalisation. In line with forbes worldwide 2000, it was then the thirteenth biggest organisation inside the global. natwest changed into retained as a wonderful brand with its very own banking licence, but many back workplace features have been merged with those of the royal financial institution, main to over 18,000 activity losses.