The German bank is said to require additional time to refine and convince investors of its business strategy.
RBS has been trying to meet the EU's bailout conditions for seven years.
The downtrodden sector offers better upside potential than financial and industrial stocks, which are trading at or near their highs.
TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer weighs in on Wednesday's trending stocks.
Cerberus takes 5% stake in Germany's Second-Largest Bank
The Fed's balance sheet unwinding will be just fine.
TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer weighs in on Tuesday's trending stocks.
What's next for Citigroup shares?
It's the latest step in recovery for the fourth-largest U.S. bank now that 'restructuring is over.'