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Bank rebrands under UK law

An Island bank has changed its trading name as it complies with new UK regulations.

RBS International was trading as NatWest but will now be known as NatWest International across the Isle of Man, Channel Islands and Gibraltar.

The company says it's changing its name because of UK ring-fencing legislation forcing banks to separate retail and investment services by 2019.

The change will take place over the next year, and RBS International says there'll be no change to its services or how customers do business with it.

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