RBC Wealth axes 3% of jobs in Channel Islands and UK

Added 9th October 2017

RBC Wealth Management is making redundant around 3% or 36 of its 1,200-strong staff from offices based in Jersey, Guernsey, London and Edinburgh.

RBC Wealth axes 3% of jobs in Channel Islands and UK

Fiona McLean, senior manager of communications for RBC Wealth Management, said in a statement that a range of different jobs were impacted.  

“We continue to make changes that focus on the capabilities that we need now and in the future to meet our clients’ evolving needs.

“As a result, we have made some difficult decisions and a small number of people are leaving our British Isles wealth management business. We will provide support and assistance to those affected by these changes.”

She added: “As we continue to focus on providing exceptional service to our clients, we have also created a number of new roles and promoted talented people internally, and we continue to invest strategically in technology, where it supports our business goals.”

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Mark Battersby

Editor, International Adviser

International Adviser

Mark Battersby is editor of International Adviser. He is also programme director for International Adviser events in strategic expat locations around the world, and its flagship FundLinks conference in London. Mark joined Last Word Media in February 2012, having previously worked at Citywire, Interactive Investor International, and FT Business.

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