RBS looking at Amsterdam for post-Brexit headquarters

Royal Bank of Scotland (Picture: Wikimedia Commons/Elliott Brown). (Royal Bank of Scotland (Picture: Wikimedia Commons/Elliott Brown))

The Royal Bank of Scotland wants to establish its European trading activities in Amsterdam after Great Britain leaves the European Union, CEO Ross McEwan said on Friday. RBS is currently discussing the move with the supervisors, AD reports.

On Thursday the American trade house Tradeweb Markets announced it will be moving to Amsterdam. And last week Japanese bank Mitsubishi UFJ Financial Group said it's considering doing the same.

Amsterdam is working hard to convince companies to move to the Dutch capital after the Brexit. The city is facing heavy competition from cities like Paris and Frankfurt.