Royal Bank of Scotland (RBS) has announced that it will sell off the remainder of its stake in UK-based Citizens Financial; the sale is expected to worth $2.7bn, and will be offloaded through a secondary stock offering. RBS said it would also withdraw a board representative from Citizens when the sale completed.
Royal Bank of Scotland (RBS) has announced that it will sell off the remainder of its stake in US-based Citizens Financial; the sale is expected to worth $2.7bn, and will be offloaded through a secondary stock offering. RBS said it would also withdraw a board representative from Citizens when the sale completed.