SNA - Royal Bank of Scotland (RBS) cutting additional 3,500 jobs in investment bank shake-up

The Royal Bank of Scotland (RBS) has said it will cut a further 3,500 jobs, with most of them to happen this year. The cuts are part of a reorganisation and shrinkage of its investment bank. The losses, which will be split between its UK and international offices, come on top of 2,000 cuts announced earlier.

Full article: http://singaporenewsalternative.blogspot.com/2012/01/roya...

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RBS to cut 3,500 jobs and shrink investment bank

RBS to cut 3,500 jobs and shrink investment bank

straitstimes.com 12 Jan '12, 8am

Part-nationalised Royal Bank of Scotland is to cut about 3,500 jobs as it sells and shrinks parts of its investment bank o...

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