Olsson and RBS part ways in London

LONDON - Patrik Olsson, global head of local markets, is leaving Royal Bank of Scotland (RBS) after a re-focus of the bank's resources, the bank said.

In a statement released last week, the bank said Olsson will be leaving as a result of the consolidation of its hub-and-spoke trading model and realignment of sales activities.

"Patrik played a valuable role to the local markets business in delivering record levels of profitability last year. We thank him for his contribution to our success and

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