Start the conversation
Listed on the New York Stock Exchange as (NYSE: CFG), Citizens Financial Group Inc. will begin trading today after its initial public offering. The U.S. subsidiary of Royal Bank of Scotland Group Plc (NYSE: RBS) raised $3 billion during its IPO. However, shares sold below their initial expected range. The company sold 140 million shares at $21.50 each, but it had originally priced these shares at $23 to $25 each.