RBS was lower after UBS downgraded the stock from 'neutral' to 'sell', saying that the current share price already discounts much of the progress expected to be made from restructuring over the next 18 months. As such, there is a "risk of underperformance even if management outperforms business targets", UBS said.
In America RBS is traded in ADRs not dollars . American Depository Receipts . It's a certificate that represents a number of shares for foreign shares traded on the NY stock exchange . Hope that helps.... ATB
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