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    Royal Bank of Scotland is to cut 3,500 jobs - Forum

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    Forum moderator: arya, dethalternate 
    Forum » untoten.reich » World News » Royal Bank of Scotland is to cut 3,500 jobs (video)
    Royal Bank of Scotland is to cut 3,500 jobs
    dethalternateDate: Friday, 13-January-2012, 6:23 PM | Message # 1
    -- dragon lord--
    Group: lords
    Messages: 3412
    Status: Offline


    Royal Bank of Scotland is to cut 3,500 jobs in its investment banking section and sell or close divisions dealing with shares and mergers and acquisitions.

    It also plans to lay off 950 people at its troubled Irish unit Ulster Bank -- 600 in the Republic of Ireland and 350 in Northern Ireland.

    RBS, which is 83 percent owned by the UK government following bailouts, plans to reduce risk and focus more on domestic retail and corporate banking.


    http://www.euronews.net/


     
    Forum » untoten.reich » World News » Royal Bank of Scotland is to cut 3,500 jobs (video)
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