Home > M&A deals 1999 > The Bank of New York Mellon Corp. acquires RBS Trust Bank Ltd.
Divestiture · Financial Services · November 1999

The Bank of New York Mellon Corp. acquires RBS Trust Bank Ltd.

On November 1, 1999, The Bank of New York Mellon Corp. acquired RBS Trust Bank Ltd., a financial services company in United Kingdom, from The Royal Bank of Scotland Group plc.

Deal at a glance

AnnouncedNovember 1, 1999 TypeDivestiture TargetRBS Trust Bank Ltd. Buyer The Bank of New York Mellon Corp. Seller The Royal Bank of Scotland Group plc SectorFinancial Services LocationUnited Kingdom ValueNot disclosed

Target company

RBS Trust Bank Ltd.
United Kingdom
Financial Servicessector
-founded
Activestatus
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Buyer

The Bank of New York Mellon Corp.
Company · 10 deals on record
  • 1st transaction in financial services
  • 1st transaction in United Kingdom
10deals, all time
2in this sector
2021latest

Seller

The Royal Bank of Scotland Group plc
Company · 15 deals on record
15investments
9in this sector
9exits

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Questions about this deal

Who acquired RBS Trust Bank Ltd.?The Bank of New York Mellon Corp. acquired RBS Trust Bank Ltd. on November 1, 1999.

Who sold RBS Trust Bank Ltd.?The Royal Bank of Scotland Group plc was the seller.

What type of deal was it?It was a divestiture in the financial services sector in 1999.

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