Summary
SHARES in Royal Bank of Scotland firmed 2.4-per cent yesterday, adding more than GBP1bn to its value, after market talk that Citigroup could be considering a bid for it.
Dealers said Edinburgh-based Royal, which is the second-biggest bank in Europe, would be a good strategic fit for Citigroup, and Royal's shares remain one of the lowest rated among European banks.See the full content of this document
Extract
Royal Boosted On Talk of Citigroup Interest
Both Citigroup and Royal, whose chief executive is ...
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