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.
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