National Westminster Bank Case Study Example | Topics and Well Written Essays - 500 words

National Westminster Bank - Case Study Example NatWest could have additionally reacted quickly and adequately as opponents such Barclays and Lloyds TBS had done as such with the far reaching developments realized by Internet-empowered monetary exchanges to the financial business. By the 1990s, NatWest's customary bank office practices, for example, home loan and investment funds confronted hardened rivalry from new comers, for example, Egg and Virgin, upstart retailers and grocery store banks which rode the rush of the money related administrations upheaval. The globalization of money related exchanges has additionally incompletely determined the mergers in the financial business - making enormous household banks, for example, NatWest incapable to contend in the new monetary scene. When NatWest made its doomed invasion into bancassurance (an untested formula in the U.K.) by means of an offer for the protection and venture firm Legal and General toward the beginning of September 1999, the market has made an understood judgment tha t the bank didn't cut the financial specialists' endorsement of its administration. The lofty fall in NatWest's stock from that point just uncovered its powerlessness for a takeover. Directly until the end when RBS has won the offer against the BS in February 2000, NatWest wouldn't yield, demanding that a takeover would not increase the value of investors and would place the a lot littler bank at risk for overstretching its funds.