The Confirmation of 4450 Jobs Being Lost Across Royal Bank... [Derived Headline]

The HeraldJanuary 13, 2012

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Summary


THE confirmation of 4450 jobs being lost across Royal Bank of Scotland emphasises the scale of the problems still being experienced at the once proud financial services giant.

Although the changes to the investment bank had been widely predicted, the three-year timescale to restructure the division shows the difficulties in trying to turn around such a diverse and wide-ranging operation.

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The Confirmation of 4450 Jobs Being Lost Across Royal Bank... [Derived Headline]

Selling some of the businesses, such as the Hoare Govett b...

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