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13/06/2013
2,000 More Jobs To Be Cut By RBS
Some 2,000 jobs are to go at the Royal Bank of Scotland in the next 18 months, the financial institution has said.
Jobs are expected to cut worldwide, but it is not yet known how many will be effected in the UK.
The latest round of cuts will be bring the total job loses at the bank to 41,000 since 2008.
The news follows the recent announcement that RBS boss, Stephen Hester, will resign his position at the bank. Hester, who has been in charge for five years, is reported to have said he would have liked to stay in his position until RBS was fully re-privatised.
However, it has been suggested that Mr Hester's departure from RBS is due to a disagreement with Chancellor George Osborne.
(MH/CD)
Jobs are expected to cut worldwide, but it is not yet known how many will be effected in the UK.
The latest round of cuts will be bring the total job loses at the bank to 41,000 since 2008.
The news follows the recent announcement that RBS boss, Stephen Hester, will resign his position at the bank. Hester, who has been in charge for five years, is reported to have said he would have liked to stay in his position until RBS was fully re-privatised.
However, it has been suggested that Mr Hester's departure from RBS is due to a disagreement with Chancellor George Osborne.
(MH/CD)
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16 May 2013
1,400 More Jobs To Be Cut At RBS
A further 1,400 jobs are to be cut by the Royal Bank of Scotland (RBS) over the next two years, the BBC have reported. The jobs will be cut from the bank’s retail banking head office, with the bank saying no customer-facing staff would be affected.
1,400 More Jobs To Be Cut At RBS
A further 1,400 jobs are to be cut by the Royal Bank of Scotland (RBS) over the next two years, the BBC have reported. The jobs will be cut from the bank’s retail banking head office, with the bank saying no customer-facing staff would be affected.
03 August 2012
RBS Sets Aside £125m For Compensation
Royal Bank of Scotland (RBS) reserved £125m to pay compensation customers affected by the account crisis caused by computer system failure. Account holders at RBS, NatWest and Ulster Bank were unable to use their accounts as normal for weeks on end before the error was fixed last month.
RBS Sets Aside £125m For Compensation
Royal Bank of Scotland (RBS) reserved £125m to pay compensation customers affected by the account crisis caused by computer system failure. Account holders at RBS, NatWest and Ulster Bank were unable to use their accounts as normal for weeks on end before the error was fixed last month.
29 June 2012
RBS Boss Turns Down Bonus Again
The Chief Executive of the Royal Bank of Scotland has waived his bonus for this year following the RBS computer failure that left many customers unable to access their accounts.
RBS Boss Turns Down Bonus Again
The Chief Executive of the Royal Bank of Scotland has waived his bonus for this year following the RBS computer failure that left many customers unable to access their accounts.
25 February 2010
RBS Posts Losses
The Royal Bank of Scotland (RBS) made losses of £3.6bn last year, results published today have revealed. According to the bank, it had experienced billions of pounds worth of bad loans. However, over £1.3bn of staff bonuses are still expected to be paid out.
RBS Posts Losses
The Royal Bank of Scotland (RBS) made losses of £3.6bn last year, results published today have revealed. According to the bank, it had experienced billions of pounds worth of bad loans. However, over £1.3bn of staff bonuses are still expected to be paid out.
26 February 2009
Ex-RBS Boss Urged To Give Up Pension, As 'Largest Annual Losses' Announced
The failed boss of the Royal Bank of Scotland (RBS) has been called upon to give up his £650,000-a year pension, as the institution posts its largest annual loss in UK corporate history. Prime Minister Gordon Brown has threatened legal action if disgraced former RBS chief Sir Fred Goodwin fails to comply with the request, it has emerged.
Ex-RBS Boss Urged To Give Up Pension, As 'Largest Annual Losses' Announced
The failed boss of the Royal Bank of Scotland (RBS) has been called upon to give up his £650,000-a year pension, as the institution posts its largest annual loss in UK corporate history. Prime Minister Gordon Brown has threatened legal action if disgraced former RBS chief Sir Fred Goodwin fails to comply with the request, it has emerged.
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