Bailed-out bank blames move on customer shift absent from traditional branches towards online and phone bankingRoyal Bank of Scotland is to close 32 of its NatWest branches and crop 600 jobs in the bailed-out bank’s latest attempt to save costs and respond to customers’ increased use of digital banking. The job cuts will drop in clerical roles at the bank,which is 73% owned by the taxpayer, including 200 posts in the London area and 400 across the north and the Midlands.
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Source: theguardian.com