Citizens Financial Group - Providence Business News

READY MODE: Kolby Gomes went through pipefitter training through the partnership program operated by General Dynamics Electric Boat and the Community College of Rhode Island as he prepares to start a career with the submarine builder.  PBN PHOTO/RUPERT WHITELEY

Class of their own: More employers partnering with local colleges

Cover Story 01/19/2024

Although he had some experience working in construction, Kolby Gomes says learning the ins and outs of pipefitting was like studying a foreign language. But...

Citizens: M&A activity likely to increase among midmarket companies, private equity...

Economic Activity 01/11/2024

PROVIDENCE – Expect an increase in mergers and acquisitions among middle market U.S. companies in the upcoming year, Citizens Financial Group Inc. says, as respondents...

ALL IN: Citizens Financial Group Inc. has hired more than 100 people from the former First Republic Bank’s wealth management arm in order to launch its own private bank to service high-wealth clients.  PBN FILE PHOTO/NICOLE DOTZENROD

Citizens looks to capitalize on its new private bank

Economy 12/08/2023

When San Francisco-based First Republic Bank imploded last spring and its financial assets were sold to JPMorgan Chase & Co., Citizens Financial Group Inc....

Citizens Financial Group reports $487M profit in Q2

Economy 07/19/2023

PROVIDENCE – Citizens Financial Group Inc. on Tuesday reported a 31% rise in quarterly earnings compared with a year ago, beating Wall Street estimates...

4 R.I. companies reach 2023 Fortune 500 list

Capital Goods 06/07/2023

PROVIDENCE – Four Rhode Island companies have made the 2023 Fortune 500 list. CVS Health Corp. was ranked sixth after taking the fourth spot in...

Citizens business conditions index soars to record high in Q1

Economic Activity 04/28/2022

PROVIDENCE – Inflation and global unrest haven’t dampened the business environment yet, with Citizens Financial Group Inc. on Thursday reporting the highest value for...

Citizens to acquire N.Y. investment bank

Financial Services 12/15/2021

PROVIDENCE – Citizens Financial Group Inc. on Wednesday said it has agreed to acquire private investment banking firm DH Capital LLC for an undisclosed...

CITIZENS FINANCIAL GROUP has agreed to acquire the San Francisco-based capital markets firm JMP Group for roughly $149 million. Citizens' downtown Providence headquarters is pictured above. / PBN FILE PHOTO/NICOLE DOTZENROD

Citizens to buy Calif. capital markets firm for $149M

Financial Services 09/08/2021

PROVIDENCE – Citizens Financial Group Inc. has entered into a definitive agreement to purchase JMP Group LLC, a capital markets firm, for roughly $149...

Citizens to acquire New Jersey bank for $3.5B

Economic Activity 07/28/2021

PROVIDENCE – Citizens Financial Group Inc. is once again expanding its mid-Atlantic presence with the $3.5 billion acquisition of a New Jersey-based bank, the...