RBS to Cut Jobs
World Economy

RBS to Cut Jobs

Royal Bank of Scotland Plc plans to cut about 550 jobs as it scales back in-person advice to certain customers seeking investments and insurance, according to a person briefed on the moves, Bloomberg reported. Some clients will be directed to a new online investing platform to keep their business with the bank commercially viable, the person said, asking not to be identified discussing the thinking behind the push. The shift affects people with less than £250,000 ($360,000) to invest and will eliminate about 220 workers who helped provide such advice, the Financial Times wrote on Sunday, without saying where it got the information.


Short URL : https://goo.gl/HLtHQO
  1. https://goo.gl/BSk3zy
  • https://goo.gl/ibuHb3
  • https://goo.gl/v398JC
  • https://goo.gl/xCaHkA
  • https://goo.gl/5Sfaai

You can also read ...

The World Bank forecasts Russia's economy will grow by 1.7% this year and next, and by 1.8% in 2019.
The economy in Europe and Central Asia will grow 2.2% in 2017...
Participants pose for a family photo during the opening ceremony of D8 Organization for Economic Cooperation Summit in Istanbul on Oct. 20.
Turkey's Foreign Minister Mevlut Cavusoglu on Thursday said...
Digital Changes to Better Shape Asean Economy
Member states of Asean must be ready to embrace technological...
US Unfreezes Sudan Bank A/Cs
The United States has unfrozen bank accounts in Sudan after...
Despite intensifying property curbs and higher mortgage rates, Chinese banks issued $664.70 billion of property loans in the first nine months of this year.
China's central bank governor has warned the country's...
40% Italian Youth Remain Jobless
Italy's budding economic recovery is leaving at least one key...
Italy Q3 Growth at 0.5%
Italy’s economic growth improved slightly in the third quarter...
GM Closure Ends Australia’s Car Manufacturing Industry
Australia’s near 100-year automotive industry ended on Friday...