![](https://i0.wp.com/hrnxt.com/wp-content/uploads/2020/06/Royal-bank-of-scotland.jpg?resize=200%2C112&ssl=1)
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…