Reuters, 13 Oct 2009
LONDON, Oct 13 (Reuters) - A third of the staff of the Singapore office of RBS Coutts, a private bank that is part of the Royal Bank of Scotland (RBS.L) (RBS), have quit in a mass resignation, the bank said on Tuesday.
A spokesman for RBS confirmed a story in the Financial Times that 20 key managers had resigned along with around 50 support staff in a move the newspaper said could be related to bonus prospects.
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Related:
RBS Coutts Suffers Mass Resignations In Singapore - The Wall Street Journal
RBS Coutts Sees Staff Exodus in Singapore - ABC News
