Feb 26, 2015

RBS Stamford Cutting 1000 Jobs

Wall Street Journal says RBS is cutting 1000 jobs in Stamford and selling a $3 billion loan portfolio to Mizuho.

Is this the end of what was still recently a credible global DCM franchise? What do you monkeys think?

+132	Hot take: I’d rather be at Desjardins than UBS for investment banking in 2026	20	2h
+102	Woman who emptied Knicks trashcan on street then stole it was DEI exec, worked at JPMorgan Chase	25	3d
+89	Stop sleeping on UBS - it’s pretty good	29	2d
+61	2026 VAULT PRESTIGE RANKINGS	33	1d
+50	Hardest interview experiences?	37	1h
+43	AI + Financial Modelling	16	5h
+31	Summer before college	25	2d
+26	Current State of UBS in North America	8	5d
+26	People who work/worked in FIG IB at a BB: does FIG really pigeonhole you as bad as people say?	5	2d
+24	How casual to be with first year analysts?	10	1h