RBS chairman signals further job cuts, branch closures to come

THE CHAIRMAN of Royal Bank of Scotland PLC said at the bank's annual meeting Tuesday that more job cuts and branch closings are likely to comes as the bank continues to get itself back into shape. / BLOOMBERG NEWS FILE PHOTO/SIMON DAWSON
THE CHAIRMAN of Royal Bank of Scotland PLC said at the bank's annual meeting Tuesday that more job cuts and branch closings are likely to comes as the bank continues to get itself back into shape. / BLOOMBERG NEWS FILE PHOTO/SIMON DAWSON
LONDON - Royal Bank of Scotland Group PLC, the recipient of the biggest banking bailout in the world, will eliminate more jobs and close additional branches before its restructuring is complete, Chairman Philip Hampton said. “We’ve got to have our branches where our customers are, not always where we have had them for decades,” Hampton…

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