NatWest Markets pushes ahead with job cuts

Royal Bank of Scotland is pushing ahead with job cuts in its investment banking division, bucking a trend by big banks to delay restructuring plans and cost-cutting during the coronavirus crisis.
State-owned RBS has cut around 130 jobs in the London operations of NatWest Markets, as it looks to implement a restructuring plan it announced on February 14.
The bank has trimmed its securitized credit team in London with the loss of around six jobs, while ...Already a subscriber? Login