RBS-ABN cuts 200 credit jobs, Phase 3 near
ABN Amro and Royal Bank of Scotland are shedding jobs across their global banking and markets divisions as they prepare to be fully integrated with each other. EuroWeek understands that heavy job losses — perhaps as many as 200 — have been incurred in mortgage backed securities, leveraged finance, real estate and credit trading across both institutions and that many of the positions to go are those of juniors.
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