Royal Bank of Scotland intends to reduce up to 20 thousand jobs in the next week in pursuit of the goal to reduce costs. This was on Saturday reported Financial Times.
Without reference to the source newspaper said that between 10 thousand to 20 thousand jobs could be reduced from the total staff of 215 people.
The newspaper also reports that RBS has been negotiating with the Ministry of Finance about the possibility of proposals quasi-equity instruments costing billions of pounds in the planned government insurance schemes developed for the salvation of the «bad» assets.
The publication added that the negotiations on the way, but the scale of the assets is unknown. The newspaper notes that the announcement about this can be done with the accounts RBS over the past year, which will be published on 26 February.
The Ministry of Finance and RBS declined to comment on the message publication.
www.k2kapital.com
21.02.2009
21.02.2009
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