NatWest Markets pushes ahead with job cuts

RBS_PA_575x375_9April2020
By David Rothnie
09 Apr 2020

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 ...

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