RBS to cut around a quarter of U.S. jobs - sources
Share:
LONDON/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..