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
History of the British penny (1901–1970) History of the British penny (1901–1970) The British penny ( of a pound sterling), a large, pre-decimal coin continuing the series of pennies that began about the year 700, was struck intermittently during the 20th century until its withdrawal after 1970. Throughout the period 1901 to 1970, the obverse ("heads" side) of the bronze coin depicted the monarch who was reigning at the start of the year. The reverse featured an image of Britannia seated with shield, trident, and helm, originally created by Leonard Charles Wyon and based on an earlier design for the penny by his father William Wyon.