Citizens Bank closes deal to buy NYC capital markets firm

PROVIDENCE – Citizens Financial Group Inc. recently closed its acquisition of a New York-based capital markets advisory firm, according to a news release.

The purchase of DH Capital LLC is the latest in a series of expansion deals by the rapidly growing Providence financial institution, including in its own merger and acquisition advisory services.

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DH Capital, which specializes in private investment banking for technology and communications industries, has helped to complete more than 200 merger and acquisition transactions worth more than $35 billion in value.

The value and terms of the deal, which was the fifth acquisition by Citizens announced in 2021, were not disclosed.

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Nancy Lavin is a PBN staff writer. You may reach her at Lavin@PBN.com.