RBS had hoped to sell 140M shares of Citizens Financial ..... of $21.50 , the sale will raise $3B for RBS (prior to the greenshoe), well less than ..... the more important issue will be the boost to RBS 's capital ratio from cutting its stake in
(Adds background, details on impact on capital ratio, RBS ' exit from unit, CEO quote)
Sept 23 (Reuters) - Britain's Royal Bank of Scotland said the initial public offering of Citizens Financial Group Inc was priced at $21.50 per share, valuing its U.S. unit at about $12 billion.
Sept 23 (Reuters) - Royal Bank of Scotland is facing pressure from investors to cut the price of shares it plans to sell in the Citizens Financial IPO, the Financial Times reported, citing two people...
Lead Manager(s) HSBC,BNP Paribas & Royal Bank of Scotland
Royal Bank of Scotland 's ( RBS +0.2% ) IPO of Citizens Financial ..... public in 1999. The deal will free RBS of unneeded assets amid the new regulatory ..... Board under the ticker symbol CFG . RBS is selling 140M shares or about 25
Lead Manager(s) BARC, HSBC & Royal Bank of Scotland
Lead Manager(s) Credit Agricole CIB, Natixis & RBS
NEW YORK, Sept 22 (Reuters) - A U.S. appeals court on Monday revived lawsuits against National Westminster Bank by about 200 victims of attacks in Israel attributed to Hamas who are seeking to hold...
IPOs including Citizens, the year's second-largest US IPO Citizens Financial (Pending: CFG ), the US banking spinoff of RBS with over 1,200 branches, is expected to raise $3.4 billion if it prices on Tuesday. While the nine bank IPOs this year