23rd Sep 2015 12:00
LONDON (Alliance News) - The Royal Bank of Scotland Group PLC is to cut around 100 jobs from its investment banking division as part of an overhaul of the unit, Bloomberg reported.
The departures are thought to include Richard Bartlett, the head of UK client coverage, and Eric Capp, the head of loan and high-yield capital markets, Bloomberg said, citing two people with knowledge of the matter.
The bank is understood to have appointed Scott Satriano, currently its head of sales, to head the reorganised unit.
http://www.bloomberg.com/news/articles/2015-09-23/rbs-said-to-eliminate-100-investment-banking-jobs-in-revamp
By Sam Unsted; [email protected]; @SamUAtAlliance
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