Bloomberg News

RBS Australian Chief Williams to Leave Bank Within Six Months

February 15, 2012

Feb. 15 (Bloomberg) -- Royal Bank of Scotland Group Plc’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.

To contact the editor responsible for this story: Angus Whitley at awhitley1@bloomberg.net


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