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Leslie Picker

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U.S. financial companies raise most money in IPOs since crisis

NEW YORK - Financial firms raised the most money this year in U.S. initial public offerings since 2008, as investors shook off doubts from...
BRUCE VAN SAUN, is the CEO of Citizens Financial Group. Citizens raised $3 billion in its initial public offering, pricing the shares below the marketed range. / PBN FILE PHOTO

Citizens Financial climbs after raising $3B in U.S. IPO

(Updated, 5:20 p.m.) NEW YORK - Citizens Financial Group Inc., the U.S. subsidiary of Royal Bank of Scotland Group PLC, gained 7.3 percent after raising...
BRUCE VAN SAUN is the CEO of Citizens Financial Group Inc., which is seeking a valuation of as much as $14 billion as it enters the final stages of an initial public offering. / PBN FILE PHOTO/TRACY JENKINS

RBS Citizens unit seeks valuation up to $14B in IPO

NEW YORK – Citizens Financial Group Inc., a U.S. subsidiary of Royal Bank of Scotland Group PLC, is seeking a valuation of as much...
CITIZENS FINANCIAL GROUP Inc. announced Monday that it has filed a draft prospectus for its long-planned initial public offering. RBS Citizens CEO Bruce Van Saun, pictured above, may receive $12.28 million if he leaves because the bank has been sold, according to the filing. / PBN FILE PHOTO/TRACY JENKINS

RBS Citizens files draft prospectus for IPO

Citizens Financial Group Inc., the U.S. consumer bank subsidiary of Royal Bank of Scotland Group PLC, filed a draft prospectus yesterday for an initial...
STOCKS WERE LITTLE CHANGED on Monday morning after the S&P 500 Index climbed to a 5-year high.  / BLOOMBERG FILE PHOTO/SCOTT EELLS

U.S. stocks little changed after S&P 500 reaches 5-year high

NEW YORK - U.S. stocks were little changed, after the Standard & Poor’s 500 Index climbed to a five-year high, as European leaders met...
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