RBS Global Banking & Markets delivers financing, risk management and investment services to corporations, governments and financial institutions around the world.

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Departure

RBS deputy CEO leaves bank

Royal Bank of Scotland’s Chris Sullivan, the deputy chief executive officer whose evidence to Parliament was criticized by legislators, has left the bank.

Departure

RBS appoints new Chairman

Philip Hampton will step down as Director and Chairman of RBS with effect from 31 August 2015. Howard Davies will join the Board at the end of June and assume the role of Chairman from 1 September 2015.

RBS building

RBS's billy big bonus

Rory Cullinan, in charge of shrinking Royal Bank of Scotland’s securities unit, was granted a deferred stock bonus of $3.2m, more than Chief Executive Officer Ross McEwan.

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Mizuho to hire up to 200 RBS staff

Mizuho Financial Group plans to hire as many as 200 people from Royal Bank of Scotland in the U.S. as part of its deal to buy loans from the lender, a person with knowledge of the matter said.