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Royal Bank of Scotland Group PLC Plans IPO-Reuters
Reuters reported that Royal Bank of Scotland Group PLC (RBS) is set to signal that it plans a partial sale of its U.S. bank Citizens this year or next. RBS will say at its annual results on February 28, 2013 that its preferred option for Citizens is an initial public offering (IPO) in New York to sell about 20%-25%of the bank. RBS declined to comment.
Latest Developments for Royal Bank of Scotland Group PLC
- RBS reaches settlement with European Commission
- Royal Bank of Scotland Group PLC announced disposal of remaining stake in WorldPay
- Royal Bank of Scotland Group PLC To Create New Internal Bad Bank To House Problem Loans-Reuters
- U.S. Regulator Sues Royal Bank of Scotland Group PLC, Others Over Faulty Securities-Reuters
Latest Key Developments in Banks
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