RBS mulls cuts to back office
The Royal Bank of Scotland is to eliminate 180 jobs and terminate 154 contractors, amid a restructuring in back office operations. (Independent)

Hermes calls for vote of ‘no confidence’ against VW board
Hans-Christoph Hirt, the head of the £260bn Hermes Investment Management, has urged shareholders of Volkswagen to support a “no confidence” vote against the Wolfsburg-based company’s board at this week's annual general meeting. (Telegraph)