RBS Hires More Staff In Germany

By PYMNTS | April 18, 2013

The Royal Bank of Scotland, which cut staff in Germany at the end of 2012, has started hiring again, reports Bloomberg. RBS is hiring employees in the transaction services and sales department in Germany once again, as a response to the export growth in transaction banking. Despite the ongoing financial turmoil, Germany remains RBS’s second largest market, coming in after the UK.

Ingrid Hengster, head of the Edinburgh-based business in Germany, Austria and Switzerland, said to Bloomberg, “Germany is and will continue to be an important market for RBS. Germany is a natural home for this business because there are so many financial clients in Germany.”