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Royal Bank Of Scotland's Deputy CEO Has Left - Report

Tom Burroughes, Group Editor, London, 6 January 2015

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The deputy chief executive of Royal Bank of Scotland, the partly UK-owned bank which is seeking to sell its non-UK wealth management arm, has left, a media report said.

The deputy chief executive of Royal Bank of Scotland, the partly UK-owned bank which is seeking to sell its non-UK wealth management arm, has left, RBS has confirmed to this publication.

Chris Sullivan left RBS at the end of December last year.

RBS had said at the beginning of last year that Sullivan would be leaving the bank in 2015 after overseeing a restructuring of the bank.

Separately, this publication asked RBS for guidance on when there could be a likely statement concerning its widely-anticipated sale of its Coutts International business; a spokesperson declined to comment on the matter. At least 10 banks have been reportedly invited to bid for the business, which has operations in locations such as Switzerland and Asia.

 

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