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Trade finance spared as RBS plans job cuts
05 January 2012
RBS to merge a reduced investment bank with its corporate and global transaction services business.
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RBS
trade finance
job cuts
GTS
global transaction banking services
RBS has confirmed it is seeking to cut thousands of jobs as it pulls back its investment banking arm.
An RBS spokesperson told Trade Finance that reports which stated that as many as 10,000 jobs could be on the line were inaccurate. Other sources confirm the real figure is likely to...
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