RBS Said to Cut 450 Service Jobs as It Narrows Focus in U.K.

Royal Bank of Scotland Group Plc is cutting 450 service jobs as it retrenches its operations in the U.K., a person familiar with the plans said Sunday.

“As RBS becomes a smaller UK-focused bank, we are restructuring our support services to better align with the business we are becoming,” according to an e-mailed statement from the bank that didn’t include any job figures. “These changes unfortunately mean some job losses.”