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RBS ditches investment bank in fresh jobs cull

2012/01/12 10:49:09 @Reuters: Top News

LONDON (Reuters) - Royal Bank of Scotland abandoned ambitions to be a top global investment bank and said it would cut another 4,450 jobs as it bows to pressure from the UK government to shut down risky operations and prepare for tougher international regulations.
[ VIEW FULL COVERAGE @Reuters: Top News ]

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