RBS to cut 3,000 jobs

- By FX Markets Staff
- @FXMarkets_
- 17 Nov 2008

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GBM, which includes the foreign exchange team, accounts for around 21,300 of RBS's global workforce, which is thought to total approximately 177,000.

Market sources tell FX Week cuts within foreign exchange are inevitable. However, one London-based headhunter suggested there could be an opportunity to strengthen this area of the business next year. "Like most banks, RBS will need to cut its fair share. Foreign exchange will be affected, but it might be an opportunity to look at upgrading by

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