31st May 2016 05:37
LONDON (Alliance News) - Royal Bank of Scotland Group PLC is cutting at least 450 more jobs, the Financial Times reported on Sunday, meaning the state-backed bank will have axed more than 2,600 jobs in total over the past few months.
About 200 roles have been cut from the bank?s services team across the UK, according to the FT. Those roles support several divisions. A total of 43 of the positions will be moved to India.
RBS also is removing about 250 roles from its retail bank support team, the report said.
Citing people familiar with the situation, the newspaper said more losses are expected to be announced in the coming weeks.
http://www.ft.com/cms/s/0/559423b4-259f-11e6-8b18-91555f2f4fde.html#axzz4ACvaOpez
By Samuel Agini; [email protected]; @samuelagini
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