That sure is a fancy currency exchange the people of Scotland funded, built and get robbed from daily. Which family holds the deed to the structure, the Rothschild’s or the Rockefeller’s?
Very cool post, thank you!
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The UK government is currently the majority shareholder in RBS, effectively 73%.
Originally however the bank was setup by a group of people called "The Society of the Subscribed Equivalent Debt" which was set up by investors in the failed Company of Scotland to protect the compensation they received as part of the arrangements of the 1707 Acts of Union. The company of scotland was the scottish version of the east india trading company, and the acts of union was the union of scotland and england. Eventually they became the "equivalent company" in 1724 and moved into banking. It was chartered as the Royal bank of Scotland in 1727. Nowadays its a hug global corporate entity encompassing several banks and other entities which is now referred to as the Royal Bank of Scotland Group.Thanks! As @stevespring states, the RBS is majority shareholder owned by the UK govt now. Its how they bailed out the bank in 2008. By buying most of it at a share price that was much higher than it was valued at when they got in trouble. The idea being that the govt would sell the shares once the price has recovered, but it hasn't and their shares still don't pay out dividends.
But yeah, that hasn't stopped them from robbing us all daily. The CEO of the bank back in 2008 pissed off so many people with the bank's near collapse his house here had stones thrown through the windows and his family practically got chased out of town. They hurt a lot of people.