IPO is the next best option as five banks find it difficult to find buyers for their businesses. Five British banks would be looking to float their stocks in the market.
Tags: Royal Bank of Scotland
Banks Fight for Lloyds, RBS Deals
There are more than a dozen top banks that are finalizing plans to run a GBP20 billion share sale in Lloyds Banking Group.
RBS Equity Derivatives Unit Draws Rivals’ Attention
Royal Bank of Scotland Group Plc's competitors were eyeing its defined retail merchandise and equity derivatives trade after being bailed out.
Britain Ready to Start Lloyds Sale Soon
Britain is ready to sell off its 39% stake in Lloyds and is evaluating whether to break up RBS according to Finance Minister George Osborne.
RBS Executive to Step Down
Royal Bank of Scotland CEO Stephen Hester was urged by the bank's board to step down prior to the government's sale of its 81% stake.
Latest News
RBS to sell its stake in Citizens Financial through an IPO In a news report from the Telegraph, the Royal Bank of Scotland is to announce its plans to sell a portion of its interests in US retail banker Citizens Financial Group Inc.
