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Tag: Royal Bank of Scotland

RBS to cut hundreds of US jobs ahead of new Fed rules

RBS to cut hundreds of U.S. jobs as its mortgage-trading business will shrink by two-thirds. ...

Ex-Barclays trio charged over Libor allegations

Three former Barclays bankers have been charged over allegations of a conspiracy to manipulate interest rates. ...

UK insurer Direct Line plans to cut 2,000 jobs

Put on the block by RBS, leading British motor and home insurer Direct Line Group hopes to cut annual costs by more than US$308m by eliminating 2,000 posts, mostly at its head office and across the group’s support functions ...