RBS staff told to appear neutral on EU referendum

RBS building

Tens of thousands of staff at Royal Bank of Scotland have been told to retain a neutral stance on the EU referendum in discussions with customers.

Related: Small financial firms will escape EU bonus cap, says Bank of England

The bank, which is 73% state-owned, issued the guidance this week. It is the latest financial business to remind staff not to offer views that could influence the way individuals vote.

In April, Goldman Sachs told its staff not to distribute materials that could be seen as campaigning for either outcome in the referendum. The guidance from the US bank was issued on 15 April, when Electoral Commission rules required businesses publishing research relating to Brexit to show their intention was not to influence the result.

Reuters has reported that Bank of America Merrill Lynch emailed its employees last week to encourage them to register to vote in the referendum on 23 June and provided website links to logistical information about how and when to vote.

Powered by Guardian.co.ukThis article was written by Jill Treanor, for The Guardian on Saturday 11th June 2016 00.09 Europe/London

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