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RBS To Exclude India Business From Sale To CIMB

CIMB Group Logo

CIMB Group announced Thursday that The Royal Bank of Scotland (RBS) is excluding India operations from an earlier sale and purchase agreement for various Asia Pacific cash equities and associated investment banking businesses.

Job Losses - It's Not Just Europe That's Cutting

Depression, Suicide

Bloomberg reported earlier this week that investment bankers in Europe are girding for a second wave of job cuts in less than a year after the euro area’s debt crisis drove fees from mergers and securities underwriting to a nine-year low.