Royal Bank of Scotland will downsize some of its capital intensive businesses.

As part of its government bailout, the Royal Bank of Scotland plans to undertake a “significant downsizing of capital-intensive businesses” within the investment banking division and global markets division, reported the Times (UK).

Said new RBS head Stephen Hester: “Inevitably, there will be a process of change agreed with my colleagues to overhaul the strategic direction. This bank will be materially changing in a number of ways.”

RBS employs 25,000 in the global markets and investment banking division, reported the Times.

And let’s not forget the changes resulting from the ABN Amro acquisition. Said Hester, according to the FinancialNews: “There’s a lot going on in global banking and markets already, in terms of head count with the integration of ABN and the right sizing of the business that we have been doing to reflect what looks likely to be a sustained lower level of activity in some parts of the business.”