RBS Coutts has closed its Swiss offices in Basle and Solothurn, plus representative offices in Marbella and Tokyo, in the light of economic conditions.
A spokeswoman for RBS Coutts said several of the 13 individuals who worked in the offices will be redeployed. Swiss operations will be consolidated in the bank's offices in Zurich, Geneva, Berne and Lorcano, which currently employ 740 people.