Westminster Bank of Westminster Bank, became first chairman of the fifth largest bank in the world. In 1969 David Robarts, former chairman of National Provincial, assumed Stirling's position. The statutory process of integration was completed in 1969 and the new company, National Westminster Bank Limited, opened its doors for business on 1 January 1970. NatWest, as it became known, is now part of The Royal Bank of Scotland Group. Westminster Bank Westminster Bank was a British retail bank which operated in England and Wales from 1834 until its merger into the National Westminster Bank in 1970; it continued to exist as a
British Linen Bank the British Linen Bank to the Bank of Scotland, and the two were quickly integrated – for example, the British Linen Bank's Glasgow headquarters building on Ingram Street was demolished by the Bank of Scotland to make way for a concrete office building which was built in 1971. The Act however allowed British Linen Bank to continue as a separate company, and in 1977 the bank resumed as the merchant bank arm of the Bank of Scotland. However, in 1999, the Bank of Scotland decided to stop using the British Linen Bank name, renaming its merchant bank activities as Bank