RBS will announce on Thursday it is shedding another 3,000 to 4,000, the WSJ says, citing a person familiar with the matter. It will announce that it has hired investment bank Lazard to advise it on the sale of parts of its investment-banking business, including brokerage Hoare Govett. RBS plans to sell or close all of its cash-equities businesses, but retain some corporate banking operations, such as deposit-taking, hedging, foreign exchange and limited corporate advisory services for large clients.
