Royal Bank of Scotland (RBS) cutting additional 3,500 jobs in investment bank shake-up

BBC News, 12 Jan 2012
The Royal Bank of Scotland (RBS) has said it will cut a further 3,500 jobs, with most of them to happen this year.
The cuts are part of a reorganisation and shrinkage of its investment bank.
The losses, which will be split between its UK and international offices, come on top of 2,000 cuts announced earlier. Full story