RBS set to axe 2,000 investment bank jobs

Royal Bank of Scotland is planning to axe 2,000 investment bankers' jobs over the next eighteen months, as it completes the integration of ABN Amro.

The news comes just a day before the group is set to announce its interim results. John Hourican, head of RBS's global banking and markets division, told the Financial Times the group are planning the...

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