RBS plans IPO for U.S. arm Citizens in next two years
British state-backed lender Royal Bank of Scotland is set to signal this week that it plans a partial sale of its U.S. bank Citizens this year or next, a source close to the matter said. RBS will say at …
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RBS plans IPO for U.S. arm Citizens in next two years
LONDON (Reuters) – British state-backed lender Royal Bank of Scotland is set to signal this week that it plans a partial sale of its U.S. bank Citizens this year or next, a source close to the matter said.
http://feeds.reuters.com/~r/reuters/businessNews/~3/Z-v9tMaZkLc/us-rbs-citizens-sale-idUSBRE91N07D20130224
RBS plans IPO for U.S. arm Citizens in next two years
LONDON (Reuters) – British state-backed lender Royal Bank of Scotland is set to signal this week that it plans a partial sale of its U.S. bank Citizens this year or next, a source close to the matter said. RBS will say at its annual results on Thursday that its preferred option for Citizens is an initial public offering (IPO) in New York to sell about 20-25 percent of the bank, the source said. …
http://news.yahoo.com/rbs-plans-ipo-u-arm-citizens-next-two-140859891–sector.html