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Old 08-04-2011, 03:18 AM
taspocahon taspocahon is offline
Join Date: Aug 2011
Posts: 70
Default Royal Bank of Scotland plans to cut 2,000 people
British "Financial Times" (Financial Times) reported on Wednesday that, with the Dutch bank (ABN Amro) integration into the end of Royal Bank of Scotland Group (Royal Bank of Scotland Group PLC, RBS.LN) plans investment banking business lay off 2,000 people.

Royal Bank of Scotland Group's October 2007 acquisition of Dutch bank part of the business, but the disclosure of the financial crisis erupted, this part of the business there is a serious problem.

Reported that Royal Bank of Scotland Group, the global banking and markets head John Hourican said he thought the smaller and more specific business model can lead to more stable profits.
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