RBS ditches Christmas party subsidy

Part taxpayer-owned Royal Bank of Scotland is ditching its Christmas party subsidy for investment bankers as part of a range of cost-cutting measures.

RBS ditches Christmas party subsidy

Part taxpayer-owned Royal Bank of Scotland is ditching its Christmas party subsidy for investment bankers as part of a range of cost-cutting measures.

The move was disclosed in an internal memo sent by Chris Kyle, chief financial officer of RBS’s investment banking division.

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