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THE COMMERCIAL TOWER tower at 1 Citizens Plaza was mortgaged for $17.2 million by a coalition of companies that purchased rights to the leasehold last week for $10. / PBN FILE PHOTO/STEPHANIE EWENS

One Citizens Plaza mortgages total $17.2M

PROVIDENCE – The recent sale by auction of the leasehold for 1 Citizens Plaza has resulted in new mortgages for the property totaling $17.2...
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...
THE COMMERCIAL TOWER tower at 1 Citizens Plaza, Providence has been sold to Radix Equity. The sale price was not immediately available. / PBN FILE PHOTO/STEPHANIE EWENS

One Citizens Plaza building sold to Radix Equity

PROVIDENCE – The building located at One Citizens Plaza, which serves as the headquarters for Citizens Financial Group Inc. as well as office space...
CITIZENS CHARITABLE FOUNDATION has partnered with LISC to grant $150,000 to support the Bridges to Careers program at the Genesis Center in Providence as well as create a "retention coach" position at the center. The grant was part of a three-city partnership between Citizens and LISC implemented in Boston, Providence and Philadelphia. / BLOOMBERG NEWS FILE PHOTO/KELVIN MA

Citizens Charitable Foundation partners with LISC, donates $150K to Providence workforce...

PROVIDENCE – Citizens Charitable Foundation and Local Initiatives Support Corp. have come together in Providence, Boston and Philadelphia to support education and training programs,...
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,...
CITIZENS FINANCIAL GROUP has entered into a definitive agreement to acquire Clarfeld Financial Advisors LLC for an undisclosed sum. / PBN FILE PHOTO/ELI SHERMAN

Citizens agrees to acquire N.Y.-based wealth management firm

PROVIDENCE – Citizens Financial Group Inc. has entered into a definitive agreement to acquire Clarfeld Financial Advisors LLC, the company announced Monday.Citizens said the...
CITIZENS FINANCIAL GROUP has authorized the sale of $300 million of Series C Preferred Stock for general corporate use. / BLOOMBERG NEWS FILE PHOTO/KELVIN MA

Citizens authorizes sale of $300M in Series C Preferred Stock

PROVIDENCE – Citizens Financial Group Inc. has authorized an offering 300,000 shares of Series C Preferred Stock at $1,000 per share, the company announced...
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...

Citizens Financial Group appoints new board member, another to retire

PROVIDENCE – Terrance “Terry” J. Lillis, a retired financial-services executive from the Midwest, will join Citizens Financial Group Inc.’s board of directors, effective Feb....
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