People: RBS drops equity derivatives and retail structured products

- Risk magazine staff
- 28 Jun 2013

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Royal Bank of Scotland (RBS) will axe its structured retail investor product and equity derivatives business lines just under 18 months after it saved them from an earlier restructure.

On January 12 last year, the bank said it would sell or close its cash equities, corporate broking, equity capital markets, and mergers and acquisitions businesses, but keep its equity derivatives and structured products business lines within the newly created markets division.

RBS said at the time: “We remain

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