Wall Street Raids RBS for Debt Traders as McEwan Shrinks Lender
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Royal Bank of Scotland Group Plc has lost at least six senior debt traders and salesmen in the past month to rival firms as the British lender shrinks its investment bank and faces political pressure to reduce bonuses.
John Gousias, a trader in London, left this month for HSBC Holdings Plc to help run its corporate-debt brokering business known as flow credit trading, Shani Halstead, an HSBC spokeswoman, said in an e-mail.