abn amro

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  • RBS to cut 3,500 jobs


    4unewsAuthority Authority: 146
    LONDON – Taxpayer-backed Royal Bank of Scotland announced Thursday it would cut 3,500 jobs, part of a reorganization of its investment banking arm as it reins in its ambitions to be a global financial player. The cuts, which are to be phased in over three years, will largely affect employees in Global Banking and ...
    2 weeks ago
  • RBS decides the quantum of cut and roll


    The Banking and Strategy InitiativeAuthority Authority: 124
    Image by Getty Images via @daylife 3500 jobs would be cut as RBS cts its Corporate investment bank by upto $450 bln, first a minimum of GBP 120 bln or $ 184 bln RBS would be trying to sell its UK and Aussie brokerage operations, keeping the ones in Asia. Bloomberg estimates a larger 55500 jobs. the bank immediately ...
    2 weeks ago
  • RBS Boss Might Get A £4.3M Bonus As Bank Plans To Sack 5,000 Employees


    Carbonated TV WordPress BlogAuthority Authority: 121
    Royal Bank of Scotland is a taxpayer-controlled bank and is amid a controversial situation. RBS is planning to give a £4.3million bonus to the head of RBS’s troubled investment banking division, John Hourican in April. And while this news is surfacing it is also being said that many of its staff will be paying for ...
    2 weeks ago

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