RBS To Slash 500 I-Banking Jobs

28 Sep 2010

Royal Bank of Scotland will reduce its investment banking staff by 500 employees.

Royal Bank of Scotland will reduce its investment banking staff by 500 employees. The terminations, mostly in London, are on top of the 3,500 cuts in back-office operations reported earlier this month, bringing total jobs losses at the largely government-owned bank to 27,000, since early last year.

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