In a sign of renewed confidence as the bank recovers, RBS has launched a new Global Network Banking (GNB) division. “GNB, which is effectively a joint venture between Global Transaction Services (GTS) and Global Banking and Markets (GBM), aims to meet the needs of companies’ international subsidiaries in a more effective way,” says the division’s head, Aidene Walsh.
Walsh says that historically international subsidiaries have not been served well.
“Clients want consistency and standardized delivery wherever they operate but because of the ways banks are organized that often hasn’t been the case,” she says.
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