 Bibit: Encyclopedia II - Royal Bank of Scotland - History of the Royal Bank of ScotlandThe bank traces its origin to the Equivalent Society which was set up by investors in the failed Darien Company to protect the compensation they received as part of the arrangements of the 1707 Act of Union. The Equivalent Society became the Equivalent Company in 1724, and the new company wished to move into banking. The British government received the request favourably as the "Old Bank", the Bank of Scotland, was suspected of having Jacobite sympathies. ...
See also:Royal Bank of Scotland, Royal Bank of Scotland - History of the Royal Bank of Scotland, Royal Bank of Scotland - Constituents of the Royal Bank of Scotland Group, Royal Bank of Scotland - Other facts Read more here: » Royal Bank of Scotland: Encyclopedia II - Royal Bank of Scotland - History of the Royal Bank of Scotland | 
