All articles by Abdus Shuman
Abdus Shuman
RBS: ‘non-core’ Lombard Vehicle Management may be sold
Staff at Lombard, the asset finance division of Royal Bank of Scotland (RBS), have been notified that a number of Lombards business units are being reviewed, with some being termed non-core.
RBS reviews options for fleet
Staff at Lombard, the asset finance division of Royal Bank of Scotland (RBS), have been notified that a number of Lombards business units including Lombard Vehicle Management are being reviewed, with some deemed non-core. Earlier this year, following the governments nationalisation of the bank, RBS announced plans to deleverage its balance sheet and move certain businesses into the new Restructuring and Risk division of the bank