Tag Archives: RBS

Why is RBS moving 215 jobs to India?

Outsourcing jobs is an old story, but there’s something unusual in the Royal Bank of Scotland’s (RBS, quote) new plan to shift 215 jobs to India: the company says that it’s just going where the customers are. Which customers does the company mean, and why would a few hundred new employees be important in serving them?

Banks BRICs Developed Multinationals

Are European lenders due for a rebound? (NBG, DB, RBS, IXG)

If the Great Recession proved anything, it was the co-dependency of financial institutions around the world.  Many of the Federal Reserve’s rescue efforts were — directly or indirectly — for the benefit of foreign lenders such as Deutsche Bank (DB, quote) and Royal Bank of Scotland (RBS, quote).  Now that American banks are recovering, there is new hope for the lenders in Europe.

Banks Europe