Royal Bank of Trinidad and Tobago (RBC), who previously had divested the bank in 1987. On 16 June 2008, RBC completed the acquisition. RBTT Financial Holdings Limited and RBC Holdings (Trinidad & Tobago) Limited, a subsidiary of RBC, will amalgamate and continue as a wholly owned indirect subsidiary of RBC. The head office of the Caribbean operations for RBC will be located at Port of Spain, the capital of Trinidad and Tobago, and the site of RBTT's headquarters. RBTT's history in Trinidad and Tobago began in 1902 when the Union Bank of Halifax, based in Nova Scotia, Canada, opened a branch in Port of Spain. Union
Telecommunications Services of Trinidad and Tobago Telecommunications Services of Trinidad and Tobago Telecommunications Services of Trinidad and Tobago Limited (generally known as TSTT) is a large telephone and Internet service provider in Trinidad and Tobago. The company, which is jointly owned by the Government of Trinidad and Tobago and Cable & Wireless, was formed out of a merger of Telco (Trinidad and Tobago Telephone Company Limited) and Textel (Trinidad and Tobago External Telecommunications Company Limited). TSTT no longer holds a monopoly in fixed-line telephone services due to FLOW introducing a fixed-line service of their own, and their cellular monopoly was broken in June 2005 when licenses