On April 1, 2008, RBS Sempra Commodities was formed as a joint venture between the Royal Bank of Scotland Group (RBS) and Sempra Energy. The newly-formed joint venture absorbed, and is expected to significantly expand, the operations of RBS Sempra Commodities.
We are a family of worldwide commodity trading companies whose senior management evolved from Drexel, Burnham & Lambert in the 1980s to AIG Trading Corporation in the mid-90s to where we are today. Our Wall Street heritage, commitment to flexibility and creative mind-set separate us from our competition. We think outside the box "to make it happen."
The Royal Bank of Scotland Group, founded in 1727, is a broadly based financial-services group with operations spanning retail banking, corporate and commercial banking, financial markets activities, wealth management and insurance. By market capitalization, it is the third largest financial-services group in Europe and the 10th largest in the world.
Sempra Energy is a Fortune 500 energy services company based in San Diego with 14,000 employees and 2006 revenues of nearly $12 billion. Sempra Energy companies develop energy infrastructure, operate utilities and provide related products and services to more than 29 million consumers in the United States, Europe, Canada, Mexico, South America and Asia.
With a growing family of commodity trading companies throughout Europe, Asia and the Americas, we are a major presence in the global gas, power, oil and metals markets. Our effectiveness results from our strong financial standing, market intelligence, analytical capabilities, and unique access to buyers and sellers. We have invested aggressively in the technology and assets necessary to help our customers succeed.
Sempra Energy Europe Ltd. is an affiliate of RBS Sempra Commodities and one of the leading multi-commodity trading companies in Europe.
RBS Sempra Metals is a top tier global market maker and trader, and leading Ring Dealing Member of the London Metal Exchange specialising in base metals, precious metals, steel and plastics markets.