RBS Further Shrinks LatAm Team

RBS Further Shrinks LatAm Team

People Corporate & Sovereign Strategy Bonds

The Royal Bank of Scotland (RBS) moved to shed more staff this week, this time at its Stamford, Connecticut offices, in yet another sign that the bank is stepping back from its LatAm business, according to people familiar with the situation. Both DCM and credit traders dedicated to the region were heard being let go or reshuffled into other areas such as FX or rates, leaving what one described as “very small teams.” This comes just weeks after the British bank said it was shedding 30 p

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