Seeking Alpha

British government officials and the Financial Services Authority are pressuring RBS (RBS) to...

British government officials and the Financial Services Authority are pressuring RBS (RBS) to sell its RBS Citizens unit in the U.S. as part of a strategy of refocusing on the U.K. and increasing the bank's cash reserves, the WSJ reports. However, RBS management, led by CEO Stephen Hester, don't want to sell Citizens, which analysts estimate could be worth £6.6B.
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs