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RBS To Further Cut Citizens Bank Stake In $3.3B Offering

By Zachary Zagger (March 23, 2015, 2:11 PM EDT) -- The Royal Bank of Scotland Group PLC is further cutting its stake in U.S. retail and commercial banking unit Citizens Financial Group Inc., which it spun off in an initial public offering last year, saying Monday it intends to sell off up to $3.28 billion more shares in a follow-on offering....

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