Redundancies

RBS to cut a further 3500 jobs

Royal Bank of Scotland is planning to cut 3 500 jobs from its technical and back office division in the UK, according to reports at the BBC.

Editor's comment - RBSI: happy at home

Following the announcements of staff cuts and the possible withdrawal of NIG from personal lines, Royal Bank of Scotland Insurance showed its hand this week, and it was — to say the least — a little soiled by bodily injury claim losses.

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