RBS (RBS) says it plans to cut 3,500 jobs as part of a shake-up of its investment bank. RBS also...

|By:, SA News Editor

RBS (RBS) says it plans to cut 3,500 jobs as part of a shake-up of its investment bank. RBS also plans to exit its cash equities, corporate broking, equity capital markets, and M&A businesses, either through sale or closure, and is in talks with potential buyers. (RBS statement)