The Royal Bank of Scotland Group plc (NYSE:RBS) (LON:RBS) plans to shut down its riskier investment-banking businesses, according to a report published by Financial Times. Royal Bank of Scotland Group plc (NYSE:RBS) (LON:RBS) is set to announce a strategic review when it reports earnings on February 27. RBS’ workforce to shrink by 30,000 According to the Financial Times report, Britain’s largest state-owned lender’s workforce of 120,000 will shrink by 30,000 in coming years, as businesses including its U.S. bank and some British branches are spun off and jobs are cut. The 30,000 jobs cited by the FT included the 18,500 staff…
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