RBS to cut around a quarter of U.S. jobs – sources – Reuters India

FILE PHOTO: Royal Bank of Scotland signs are seen at a branch of the bank, in London, Britain December 1, 2017. REUTERS/Peter Nicholls/File PhotoLONDON/HONG KONG (Reuters) – Royal Bank of Scotland has begun a major restructuring in its overseas investment banking operations, cutting almost a quarter of full-time staff in the United States, two sources…

RBS to cut around a quarter of U.S. jobs – sources – Reuters India

FILE PHOTO: Royal Bank of Scotland signs are seen at a branch of the bank, in London, Britain December 1, 2017. REUTERS/Peter Nicholls/File PhotoLONDON/HONG KONG (Reuters) – Royal Bank of Scotland has begun a major restructuring in its overseas investment banking operations, cutting almost a quarter of full-time staff in the United States, two sources with knowledge of the plan told Reuters. The taxpayer-backed lender is looking to cut between 80-90 jobs at its U.S. head office in Stamford, Connecticut, following consultation with various employee unions and representatives, one of the sources said. The second source said the layoffs in the United States, where i
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