British Bank RBS To Cut 334 Jobs, Offshore More Jobs To India

London: British lender Royal Bank of Scotland plans to cut 334 jobs and offshore more jobs to India, the Unite union said on Tuesday. The tax payer-backed bank plans to cut jobs within technology in areas including Finance Solutions, Risk Solutions, Natwest Markets Technology and Digital Engineering Services, among others, Unite said in a statement calling the cuts "unjustified". "Unite cannot understand how RBS, which continues to...