Layoffs Watch '09: RBS
RBS apparently laid off its entire Leveraged Finance Group globally yesterday, which, we're told, "includes everyone (Group heads, MDs, VPs, Associates and Analysts) at their New York office, LA office, London headquarters and multiple other European offices." Tipster Fred Goodwin added: "For some perspective, the Leveraged Finance Group at RBS pre-credit crisis was the premier leveraged finance platform in Europe for many years."