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Citizens Financial in Providence, R.I., has signed a five-year agreement to outsource some of its IT infrastructure to IBM.
June 11 -
Citizens Financial Group in Providence, R.I., reported a 26% increase in quarterly profit thanks to robust lending and lower costs for bad loans.
April 22 -
To shake off years of sluggish growth, Citizens Financial is going hard after asset classes that other banks are starting to back away from. The Providence, R.I., company says the growth opportunity outweighs the risk.
March 19
Citizens Financial Group in Providence, R.I., has named two new state presidents for Citizens Bank in Connecticut and Massachusetts.
The $137 billion-asset company promoted Lisa Maass to lead its Connecticut market. Maass was previously the head of middle-market banking in Connecticut. She has worked for Citizens since 1994.
Citizens did not identify the previous Connecticut state president in its news release, but the
Citizens also promoted Quincy Miller to be its Massachusetts president. Miller previously was president of business banking for companies with yearly revenue of less than $25 million, and he will retain authority for that group. He has worked for Citizens for six years, after joining the company from M&T Bank.
Miller succeeded Jerry Sargent as Massachusetts president; Sargent will now lead Citizens' middle-market business, focusing on borrowers with between $25 million and $500 million in yearly revenue.
