Citizens Financial Group has collected $3 billion in its initial public offering. The US subsidiary of Royal Bank of Scotland Group Plc priced the shares below the marketed range. It was said in a statement yesterday that RBS sold 140 million shares for $21.50 apiece after putting up the offer for $23 to $25 each.
The Parliamentary Commission on Banking Standards has reportedly recommended harsh penalties for bankers who will behave negligently in the future.
Emerging reports say that the penalties will include hefty fines and bans from the City as well as from being company directors.
Hydra vulgaris has caught attention of many researchers for its remarkable ability to tear itself in order to gulp its food every time it is hungry. It will be interesting to note that Hydra recovers the rip soon through tissue regeneration....
A new study by the Massachusetts Institute of Technology (MIT) has revealed that Istanbul lies...
The Michael J Fox Foundation is aiming to test wearable sensors in smart watches made by Intel's...
The Federal Aviation Administration (FAA) wants people who purchase drones this year to get their drones registered with the government. The Transportation Department said it will be making an announcement related to drones on Monday but later...
Rapid increase in private consumption by domestic consumers helped the Germany's economy to grow...
In a Friday announcement, tech biggie Google said that it is shutting down its Picasa desktop...
AT&T and Verizon Wireless claimed a victory in the country's most lucrative spectrum auction ever. This feat holds significance for the companies as it serves the means of maintaining the infrastructure advantages they have over smaller...
A team of physicists at Michigan State University (MSU)...
On Wednesday, German automaker Volkswagen AG (VW)...
In a Wednesday announcement, social network Facebook has...
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