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The bank has nearly 9,000 employees in India through ABN Amro Bank, which was acquired by a Royal Bank of Scotland (RBS)-led consortium of Fortis Group and Banco Santander in October 2007.
The global banking and markets (GBM) division includes equity markets business, treasury operations, corporate banking and investment banking activities.
The news source reported that, John McCormick, CEO of GBM for Asia Pacific at RBS, in a statement released earlier said that the bank may lay off some employees to cut costs, despite the good performance of the bank's businesses in the Asia Pacific region.
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