|The Royal Bank of Scotland Group plc (RBS) is a holding company of a global banking and financial services group. It operates in the United Kingdom, the United States and internationally through its two principal subsidiaries: The Royal Bank of Scotland plc (the Royal Bank) and National Westminster Bank Plc (NatWest). Both the Royal Bank and NatWest are clearing banks. In the United States, the Company's subsidiary Citizens Financial Group, Inc. is a commercial banking organization. The Company's business segment include UK Retail, UK Corporate, Wealth, Global Transaction Services, Ulster Bank, US Retail & Commercial, Global Banking & Markets (GBM), RBS Insurance, Central Functions, Non-Core Division and Business Services. IN December 2010, the Company sold Sempra North American Power and Gas to J.P.Morgan. In September 2011, it sold Hilton Glasgow City hotel to Topland Group. In October 2011, Paragon Group of Companies PLC acquired a a portfolio of unsecured consumer loans from RBS.