RBS to announce 2,000 job cuts as Hester exits

Selby, Tom
June 2013
Money Marketing (Online Edition);6/13/2013, p20
The article reports that following chief executive Stephen Hester's announcement regarding his resignation later this year, Royal Bank of Scotland is set to announce 2,000 job cuts. It is noted that the bank is making cuts as it attempts to boost its financial performance. According to chairman Philip Hampton, to get the business in the right shape, more work needs to be done over the coming years.


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