RBS has told staff this morning that 1,400 of them will lose their jobs in the next two years.
We do not yet have the full breakdown of which posts will disappear, but they are expected to include a mixture of staff from head office and branches around the country.
RBS and Lloyds, both of which the taxpayer owns part of, have shed thousands of staff since the financial crisis began.
More top news
Presenter Sue Perkins took the Culture Secretary to task over BBC cuts after ambushing him as he ate his dinner.
War veteran Paul Royle died at a Perth hospital on Sunday following surgery on a hip fracture.
So-called Corbynmania has officially reached ridiculous new heights - someone has bought a paper coffee cup used by Jeremy Corbyn for £51.