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THE DEADLINE for nonprofits to apply for funding from the Citizens Helping Citizens Manage Money program is Dec. 31. / BLOOMBERG NEWS FILE PHOTO/KELVIN MA

Deadline approaches for Citizens’ financial-literacy nonprofit funding

PROVIDENCE – Citizens Bank, the retail bank segment of Citizens Financial Group Inc., has reminded nonprofits the deadline to apply for funding from its...

Survey: U.S. companies may be ‘overexposed’ to rising interest rates

PROVIDENCE – About two-thirds of U.S. corporate decision-makers have not locked in favorable rates to mitigate their interest rate and foreign-exchange exposure, a decision...
PROVIDENCE-based Citizens Financial Group, the holding company for Citizens Bank, increased the holdings of its wealth management clients in Bank of America by 484 percent in the last quarter. The two financial institutions are the No. 1 and No. 2 largest consumer banks in Rhode Island based in local deposits. / BLOOMBERG NEWS FILE PHOTO/KELVIN MA

Citizens’ clients bullish on BofA

PROVIDENCE – Citizens Financial Group Inc. has purchased an additional 288,283 shares of Bank of America stock on behalf of its wealth management clients,...

U.S. customer satisfaction with mortgage lenders improves

PROVIDENCE - Nationwide customer satisfaction with banks and other companies that originate primary mortgages improved this year, according to survey results released Thursday by...
BANK OF AMERICA reported a net income of $7.2 billion in the third quarter. / BLOOMBERG NEWS FILE PHOTO/RON ANTONELLI

Bank of America’s deposits surge in R.I. on mobile banking

Going by the numbers, Bank of America had a banner year in Rhode Island. Its deposits within the state skyrocketed to $12.4 billion as...
GOV. GINA M. RAIMONDO, center, speaks at the ribbon cutting for Sixty King./COURTESY CITIZENS BANK.

Sixty King, the former Imperial Knife building, reopens as affordable housing...

PROVIDENCE – A former textile mill, later converted to a factory for hand knives, has been converted for a more immediate need: affordable housing.The...
CITIZENS FINANCIAL GROUP, its Providence headquarters shown here, reported net income of $443 million in third quarter, up from $425 million in the previous quarter and $348 million a year earlier. / PBN FILE PHOTO/STEPHANIE ALVAREZ EWENS

Citizens reports 27% profit growth in Q3

PROVIDENCE – Citizens Financial Group Inc., the holding company for Citizens Bank, on Friday reported a $443 million quarterly profit, or 91 cents per...

Citizens Bank could withstand deep recession, stress test shows

PROVIDENCE – A deep, prolonged recession would cost Providence-based Citizens Bank billions of dollars, but the bank would be able to withstand it, according...

FDIC: Retail bank deposits up 5.6% in Bristol County, Mass.,...

PROVIDENCE – Retail banking deposits in Bristol County, Mass., grew by 5.6 percent during fiscal year 2018, ended June 30, new federal banking statistics...

Report: Bank of America takes lead in bank deposits within Rhode...

PROVIDENCE – Rhode Island consumer banking has become a little less local, as Charlotte, N.C.-based Bank of America now has the most in-state deposits,...
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