[8] The bank's expansion strategy hit trouble with the stock market crash of 1987 and involvement in the financial scandal surrounding the collapse of Blue Arrow.

The Department of Trade and Industry report on the affair was critical of the bank's management and resulted in the resignation of several members of the board, including then chairman Lord Boardman.

Investor and shareholder confidence was so badly shaken that the Bank of England had to instruct the board of directors to resist calls for the resignation of its most senior executives in an effort to draw a line under the affair.

[13] NatWest Markets provides global market access to corporate and institutional customers, offering trading, risk management and financing solutions through its trading and sales operations in London, Singapore and Stamford and sales offices in Dublin, Hong Kong, San Francisco and Tokyo.

Registered in Hong Kong and regulated and authorised by the Japanese Financial Services Agency, NatWest Markets Securities Japan Limited operates through its Tokyo branch.

Previously a direct subsidiary of RBS, it provides credit trading, bonds, swaps and related financial services.

The business has been repurposed to provide continuity of service to EU customers following the UK's withdrawal from the European Union, commonly known as Brexit.

Ltd. was founded by ABN AMRO in 1987 and operated as The Royal Bank of Scotland Asia Securities (Singapore) from 2009 until 2018.