Royal Bank of Scotland’s new UK head of financial institution debt deals hopes that grasping opportunities for dealflow on the bank's doorstep can improve its position in the market as it scales back the international reach of its investment bank.

Doug Munro's ambition, expressed in an interview with Financial News last week that took place before the publication group's second-quarter results on July 30, comes amid a deep and ongoing reshaping of RBS's wider corporate and institutional banking business.