Bank deal job fears.SCOTLAND'S leading bank is poised to secure a pounds 35billion takeover deal for Barclay's Bank. The Royal Bank of Scotland
The Royal Bank of Scotland Plc (Scottish Gaelic: Banca Rìoghail na h-Alba is claimed to have identified pounds 300million of potential savings from reducing duplication duplication /du·pli·ca·tion/ (doo-pli-ka´shun) 1. the act or process of doubling, or the state of being doubled. 2. in the operations of both banks. But last night banking union BIFU BIFU Banking, Insurance and Finance Union (United Kingdom) warned that such a takeover could result in "thousands of job losses from hundreds of bank closures". If the move goes ahead it will be a major coup coup (k ) [Fr.,=blow], among Native North Americans of the Plains culture, a war honor, awarded for striking an enemy in such a way that it was considered an extreme act of bravery. for the Royal,
currently the seventh largest bank in the UK, with a market value of
pounds 12.6million, compared to third-ranked Barclay's valued at
pounds 29million.
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