RBS name change July 22nd (HYPTUSS)

[monabri]

https://www.channelnewsasia.com/news/bu ... 2-12937772

Royal Bank of Scotland will formally change its name to NatWest Group on July 22, in a move aimed at distancing the state-backed lender from its government bailout during the 2008/9 financial crisis

[kiloran]

Thanks Monabri. I've set a calendar reminder for me to check this next week. I suspect the Sharecast URL will change, so I'll publish an updated Company Data Sheet

--kiloran

[Breelander]

Thanks Monabri. I've set a calendar reminder for me to check this next week. I suspect the Sharecast URL will change, so I'll publish an updated Company Data Sheet

--kiloran

Further info in the RNS regarding the effect on the EPIC ticker....

A subsequent announcement will be made when the name change becomes effective, which will also provide an update regarding trading under RBS's revised tickers. Until the publication of such an announcement, trading will continue under the existing tickers.

https://www.investegate.co.uk/royal-bk- ... 00051466T/

[Breelander]

Thanks Monabri. I've set a calendar reminder for me to check this next week. I suspect the Sharecast URL will change, so I'll publish an updated Company Data Sheet

--kiloran

The new ticker has been announced now.....

Trading in NatWest Group plc's ordinary shares on the London Stock Exchange under the new name and an updated ticker (NWG) will commence from Thursday, 23 July 2020.

https://www.investegate.co.uk/royal-bk- ... 00057909T/

[kiloran]

https://www.channelnewsasia.com/news/business/royal-bank-of-scotland-bids-farewell-to-tainted-name-on-july-22-12937772

Royal Bank of Scotland will formally change its name to NatWest Group on July 22, in a move aimed at distancing the state-backed lender from its government bailout during the 2008/9 financial crisis

I've updated the HYPTUSS Company Data Sheet at http://lemonfoolfinancialsoftware.weebl ... op-up.html
You can use this to replace the Company Data Sheet in your HYPTUSS

I added NWG and left RBS in place but changed its name to Royal Bank of Scotland (NOTE: Change to NWG). I'll remove RBS the next time we update HYPTUSS

--kiloran

[Breelander]

Just as a note to say how online virtual portfolios have handled this. I hold RBS in one of my (non-HYP) portfolios for which I keep portfolios with both the FT and DigitalLook.

Both have backdated the name and ticker changes. So my holdings, purchases and dividend payments are now shown as 'Natwest Group PLC (NWG)' regardless of their date.

[Charlottesquare]

https://www.channelnewsasia.com/news/business/royal-bank-of-scotland-bids-farewell-to-tainted-name-on-july-22-12937772

Royal Bank of Scotland will formally change its name to NatWest Group on July 22, in a move aimed at distancing the state-backed lender from its government bailout during the 2008/9 financial crisis

Well, things have come to a pretty pass when Natwest is a less tainted name than Royal Bank.

On the plus side my wife, being ex Natwest Markets, can now consider that all the foibles of Natwest, like Blue Arrow, have obviously been forgotten.

However we still need to remember that any time anyone in Edinburgh travels out to the airport they still get to pass Fred's folly- Fred, you are now a total legend, four more years and RBOS would have been 300.

A poem starting

The Bank that lost its Name,
Now Hangs its head in Shame
.......

Ought now be written.

Disgusted of Edinburgh