Isle of Man Bank may swap its Scottish owner for an English one – if next week’s independence referendum sees Scotland leave the United Kingdom.
Royal Bank of Scotland, which bought the Manx company’s parent in 2000, says it would relocate its head office away from Edinburgh if the Yes vote triumphed.
Isle of Man Bank was bought by Natwest in the 1980s, which in turn was snapped up by RBS 14 years ago.
RBS says the changes would be legal ones to stay in the UK in the event of Scottish independence, and no operations or jobs would be affected.
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