RBS clawbacks extend to ex-cash equities staff

Former equities traders, salespeople and research staff made redundant when Royal Bank of Scotland shut its equities business just over a year ago face having part of their bonuses clawed back by the bank

Former equities traders, salespeople and research staff made redundant when Royal Bank of Scotland shut its equities business just over a year ago face having part of their bonuses clawed back by the bank, Financial News has learnt.

The news coincides with this afternoon's publication of RBS's remuneration report for 2012.

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