– RBS is cutting 14,000 investment banking jobs (Business Insider, Feb 4, 2015):
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According to a report in the Financial Times, RBS will cut about 14,000 investment bank jobs in the US and Asia by 2019. This is about three-quarters of the total investment bank workforce, which stands at 18,000. However, the bank employs 118,000 people worldwide across all units.
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