The Royal Bank of Scotland said it’s opening an oil and gas advisory in Calgary. The Edinburgh-based RBS said it will open the Calgary office to take advantage of the economic recovery in the city’s oil and gas sector. RBS said this is move is a vote of confidence in the Canadian oilpatch. Calgary will be an extension of the bank’s Houston practice and its oil and gas advisory in the United States, which carries out reserves-based lending, mergers and acquisitions and risk management services for large and mid-cap firms where RBS had previously concentrated on Canadian large caps.
Read more : RBS sets up office in Calgary to target energy sector