A total of 13 jobs are being lost after a bank said it is closing a Guernsey office. Coutts Offshore, part of the Royal Bank of Scotland Group, is pulling out of Guernsey.
A restructuring of operations means its work is now being transferred to Jersey, the Isle of Man and the Cayman Islands.
The company has had a presence in Guernsey since the 1960s.
It is understood that the private banking, support and administration staff could be offered jobs elsewhere within the group.
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