Royal Bank of Scotland ( Scottish ) is to cut 600 jobs at its Scottish branch network as part of its ongoing strategy to cut costs and boost earnings after eight straight annual losses ; the bank is expected to close 32 branches in London and regionally and it is predicted that further cuts will be made in the coming weeks . Chief Executive Officer Ross McEwan has been cutting thousands of jobs to reduce expenses in a bid to boost earnings after eight straight annual losses. RBS closed more bank branches in Britain than any other bank between 2014 and 2015 , according to recent data , and has reneged on an earlier promise to avoid closing the last branch in any town .
Royal Bank of Scotland ( Scottish ) is to cut 600 jobs at its Scottish branch network as part of its ongoing strategy to cut costs and boost earnings after eight straight annual losses ; the bank is expected to close 32 branches in London and regionally and it is predicted that further cuts will be made in the coming weeks . RBS closed more bank branches in Britain than any other bank between 2014 and 2015 , according to recent data , and has reneged on an earlier promise to avoid closing the last branch in any town .