Royal Bank Of Scotland

The firm, which is still recovering from one of the costliest bailouts of the financial crisis, will incur costs of as much as 1 billion pounds

She takes over on Nov. 1, set to be the UK's first day outside the European Union

Rose, currently deputy CEO of Natwest Holdings, will become the first woman to head a major UK high-street bank

While RBS says that around 1,000 jobs may be affected due to the closure of these branches, it aims at saving some of these by redeploying staff

The bank is setting up a subsidiary in Amsterdam, to which 150 jobs will be moved

This move will help handle loans for small businesses, as part of an ongoing cost-cutting drive

Former bosses misled investors about RBS's financial health ahead of $15.5 billion cash call in 2008

Its shares is up as much as 4% as lender showed signs of progress in a decade-long turnaround

Royal Bank of Scotland is still 73% govt owned after receiving an enormous bailout

RBS's grand relaunch in danger of running aground

It is closing the Indian business after failing to find a buyer

About 300 roles will be set up in India to replace the U.K.-based positions