Aug 15 UK labour union Unite said on Tuesday that Royal Bank of Scotland Group had informed staff of a further 40 percent cut in IT jobs at the bank's London office by 2020. * UK'S UNITE - ROYAL BANK OF SCOTLAND TOLD STAFF …
Due to regulatory pressure, Royal Bank of Canada (RY) is contemplating spinning off Global Arbitrage Trading unit. The unit deals in proprietary trading business and operates as a part of RBC Capital Markets. Notably, RBC Capital …
Taxpayer-backed RBS plans to cut 40% of permanent IT staff, or 650 jobs, and 65% of contractors which equate to 230 roles, Unite said in a statement. The regional STOXX 600 index fell 0.1 percent, on track to end the week flat after two …