Published today 14:10
The banking giant Royal Bank of Scotland (RBS) kicks 14,000 employees in investment banking department. According to the Financial Times means cutbacks that three quarters of the workforce must go.
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Banking giant Royal Bank of Scotland (RBS) kicks 14,000 employees in investment banking department. According to the Financial Times means cutbacks that three quarters of the workforce must go.
Last week affirmed the bank’s CEO Ross McEwan during a conference call that there would be significant reductions in the bank’s workforce, although he could not say exactly how many risked losing the job, writes Business Insider.
Now the figure is clear: 14,000 employees may leave large bank Royal Bank of Scotland.
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The news of massneddragningen comes from the British Financial Times. The announcement means the newspaper said that three quarters of the workforce in investment banking department must go. This figure should be placed in relation to the bank over the world have 119,000 employees.
The background to the big cutbacks can be found in the RBS Annual Report, which was presented last Thursday. The Bank made pursuant to finance the site Business Insider a 3.5 billion pounds, or about 44 billion, big loss last year.
The bank paid while out 421 million pounds in bonuses, according to Business Insider.
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