Royal Bank of Scotland planning to cut 900 jobs to reduce costs

Royal Bank of Scotland planning to cut 900 jobs to reduce costs

The City of London business district is seen through windows of the Royal Bank of Scotland (RBS) headquarters in London, Britain September 10, 2015. REUTERS/Toby Melville

Royal Bank of Scotland is planning to cut about 900 jobs in Britain, sources familiar with the process said, taking the total number of layoffs in the last four months to around 5 percent of the bank’s British workforce.

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