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Corporate Banking

Royal Bank Of Scotland Puts Downtown Stamford Building Up For Sale Royal Bank Of Scotland Puts Downtown Stamford Building Up For Sale
Royal Bank Of Scotland Puts Downtown Stamford Building Up For Sale Having laid off about 750 workers from its American headquarters in Stamford, the Royal Bank of Scotland (RBS) has put its building at 600 Washington Blvd. up for sale. The company hopes to continue operating in the building through a lease-back arrangement. The bank expects to conclude the sale later this year. An asking price was not announced. The building was appraised last year for nearly $151 million. The sale is not expected to directly affect about 500 employees who remain in Stamford and focus on RBS’ NatWest Markets corporate and institutional banking services. “As we have reduce…