Hint: Insurance company. Recently a big bank sold off its insurance assets.
Answer: Direct Line
Direct Line is part of the RBS Insurance division of the Royal Bank of Scotland Group that specialises in selling insurance and other financial services over the phone and internet.
It was the first telephone insurer in the UK when launched in 1985 by founder Peter Wood.
Direct Line was effectively nationalised alongside RBS in November 2008 during the banking crisis, due to the financial crisis, and RBS's dependency on UK taxpayers' money.
Answer: Direct Line
Direct Line is part of the RBS Insurance division of the Royal Bank of Scotland Group that specialises in selling insurance and other financial services over the phone and internet.
It was the first telephone insurer in the UK when launched in 1985 by founder Peter Wood.
Direct Line was effectively nationalised alongside RBS in November 2008 during the banking crisis, due to the financial crisis, and RBS's dependency on UK taxpayers' money.