The Royal Bank of Scotland has initiated a major restructuring exercise in its overseas investment banking operations which might lead to massive layoffs. According to a Reuters report, the move is expected to affect about a quarter of RBS employees in the United St Citing sources from the bank, the report said that the lender…
NatWest Group, a subsidiary of the Royal Bank of Scotland Group Plc, has recently announced that it has appointed former Lloyds Bank executive, Jen Tippin as the Chief Transformation Officer. In the newly created role, Jen will chair the bank’s Transformation and Cost committee to oversee and track the outcomes of the bank’s three-year investment…
RBS India, the innovation and operations hub of the Royal Bank of Scotland (RBS), recently announced that it has appointed Maneesh Menda as Head of HR for the company. In this role, Maneesh will build the organization’s talent strategy and capabilities, supporting the Bank to achieve its goals. Prior to the appointment, Maneesh was serving…
The Board of Directors of the Royal Bank of Scotland Group plc (RBS) has announced that Stephen Hester will be stepping down as the Group’s Chief Executive later this year. The Board believes that an orderly succession process will give a new CEO time to prepare the privatisation process and to lead the bank in…