RBS Australian Chief Williams to Leave Bank Within Six Months

Royal Bank of Scotland Group Plc (RBS)’s Australian head, Stephen Williams, will leave in the next three to six months, according to a memo obtained by Bloomberg News.

Williams will hand over to Andrew Chick, the head of RBS’s debt capital markets unit in Australia, according to the bank.

RBS is looking for a buyer for its cash equities and investment banking business in Australia. Williams’ plans were reported earlier by the Australian Financial Review.

To contact the editor responsible for this story: Angus Whitley at awhitley1@bloomberg.net

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