RBS reportedly fires most of central/eastern European debt team

• Shedding more noncore costs, Royal Bank of Scotland (NYSE:RBS) has dismissed most of its team - about 10 jobs - overseeing debt capital markets in central and eastern Europe, Middle East, and Africa, reports Bloomberg.
• "RBS probably had one of the best teams in this region,” says a former Lloyds banker. “It’s a shame to see them retrenching, but the quality and now availability of these individuals is probably an opportunity for their competitors.”