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 viably as adversaries such Barclays and Lloyds TBS had done as such with the far reaching developments achieved by Internet-empowered budgetary exchanges to the financial business. By the 1990s, NatWest's conventional bank office practices, for example, home loan and reserve funds confronted hardened rivalry from new comers, for example, Egg and Virgin, upstart retailers and store banks which rode the flood of the budgetary administrations unrest. The globalization of money related exchanges has additionally somewhat determined the mergers in the financial business - making enormous household banks, for example, NatWest unfit to contend in the new budgetary scene. When NatWest made its doomed attack into bancassurance (an untested formula in the U.K.) by means of an offer for the protection and speculation firm Legal and General toward the beginning of September 1999, the market has made an understood judgment that the bank didn't c ut 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 surrender, demanding that a takeover would not increase the value of investors and would place the a lot littler bank at risk for overstretching its accounts.