Citizens Financial
Citizens Financial
Citizens Financial Group is a retail bank holding company operating primarily in the New England, Mid-Atlantic, and Midwest regions of the United States. The bank operates through two segments: consumer and commercial banking.
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Turnover of chief risk officers is on the rise as CEOs look to add executives whose experience goes far beyond assessing credit risk. Sometimes they are promoting from within, but often they are poaching talent from rival banks.
July 2 -
Commercial real estate is their bread and butter, but many banks are scaling back in this vital loan category. Here’s why.
June 29 -
The recent string of positive news for the banking industry, from lower corporate taxes to less regulation, is starting to feel like a distant memory.
June 27 -
With plenty of cash on hand, many commercial firms have had little need to tap existing credit lines.
June 14 -
Competition for deposits is heating up as summer approaches, and banks are responding in all sorts of ways — from launching digital-only platforms to raising CD rates to reviving debit rewards. But rising interest rates could weaken demand for loans, especially mortgages.
June 14 -
Citizens Financial Group is partnering with IBM to develop a virtual career coach that will use artificial intelligence to help employees set career goals and determine what kind of training they need to develop new skills.
June 6 -
As other banks de-emphasize mortgage lending, Citizens is spending half a billion dollars to buy a large originator with a big servicing portfolio.
May 31 -
Customers at the Providence, R.I., company were unable to access their accounts, due to what a spokesman described as a "technical issue."
May 30 -
The Providence, R.I., company said that Citizens Access will open for business nationwide next quarter.
May 14 -
Citizens Financial Group plans to merge its two banking charters into a single national bank. The move would make the OCC the bank's primary regulator and eliminate the costs of dealing with the FDIC and state officials.
May 10