RBS is considering an overhaul of its investment banking arm that looks likely to result in...

|By:, SA News Editor
RBS is considering an overhaul of its investment banking arm that looks likely to result in thousands of job losses at the state-owned (83% stake) bank. The move comes as the Vickers report, which recommends "ring-fencing" lenders investment banking activities, is expected to get a boost today. Shares -0.8% premarket.