Summary
ROYAL Bank of Scotland has closed its foreign exchange proprietary trading desk in London.
The closure is understood to affect at least six staff. RBS said it would "seek to find alternative suitable employment" within the bank for the employees.See the full content of this document
Extract
Need to Know: Rbs Closes Foreign Exchange Desk
Proprietary trading desks use their bank's own money to trade in a whole range of different assets....
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