Shanghied

Rumours of further changes to HSBC's rail division.

Having shot both the MD and Head of Customer Services the banking group is apparently looking to dispense with the Rosco's 'New Business Team'.

This is the team which only this July won £180m worth of business financing the new Siemens trains for Scotrail.

Looks like HSBC is supremely confident about DafT's promise of 1,300 new vehicles.