RBS to streamline IT division

INDUSTRY NEWS: posted 1 December 2017

RBS have announced that they are to close 259 branches, and cutting 680 jobs as more customers bank online.

The closures involve 62 Royal Bank of Scotland and 197 NatWest branches.

RBS, which is 71%-owned by the taxpayer, said it would try to ensure compulsory redundancies were "kept to an absolute minimum".

Read the full story here: http://www.bbc.co.uk/news/business-42192641

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