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PATRICK BICKERS will lead the business capital team at Citizens Bank. / COURTESY CITIZENS BANK

Citizens names Bickers head of business capital

PROVIDENCE – Citizens Bank has named Patrick Bickers to lead its business capital team.Bickers joined the Providence-based bank in 2014 after working at SunTrust...
CITIZENS BANK has announced a referral partnership with PGIM Real Estate Finance, a Prudential company focused on long-term financing for commercial, multifamily and agricultural businesses.

Citizens Bank announces referral partnership with PGIM Real Estate

PROVIDENCE – Citizens Bank has announced a referral partnership with PGIM Real Estate Finance, a Prudential company that is focused on long-term financing for...
ROYAL BANK OF SCOTLAND PLC has agreed to pay $500 million to the attorney general of New York to settle charges related to its marketing of toxic mortgage-backed securities in the run-up to the Great Recession. / BLOOMBERG NEWS PHOTO/SIMON DAWSON

RBS will pay N.Y. $500M over bogus mortgage marketing

NEW YORK – Royal Bank of Scotland Group PLC agreed to pay $500 million to settle New York’s probe into its marketing of toxic...
BOSTON-BASED BROOKLINE BANCORP, parent of Bank Rhode Island, reported fourth-quarter and full-year earnings that were negatively impacted by the federal tax overhaul.

Brookline Bancorp 2017, 4Q profit fall after new tax law

BOSTON – Brookline Bancorp Inc. suffered a $9 million noncash charge on deferred tax assets stemming from the federal tax overhaul, depressing both full-year...
CITIZENS BANK is a wholly owned subsidiary of Providence-based Citizens Financial Group Inc. The bank posted net income of $1.7 billion in 2017, a 58.1 percent increase on its 2016 performance. / BLOOMBERG FILE PHOTO/KELVIN MA

Citizens Bank rewards employees, charity in wake of tax reform

PROVIDENCE – Standing to gain hundreds of millions of dollars in the wake of tax reform, Citizens Financial Group Inc. is sharing some of...
CITIZENS FINANCIAL Group Inc. is the Providence-based parent company of Citizens Bank, the largest Rhode Island-based bank. / BLOOMBERG FILE PHOTO/KELVIN MA

Citizens sees profit, revenue gains in 2017 3Q

PROVIDENCE – Citizens Financial Group Inc., parent of Citizens Bank, posted net income in the third quarter of $348 million, an increase of 17.2...
CITIZENS FINANCIAL GROUP'S mortgage operation ranked No. 5 in a primary mortgage servicer satisfaction index ranking. /BLOOMBERG FILE PHOTO/KELVIN MA

Citizens ranks in top 5 for mortgage servicer satisfaction study

PROVIDENCE – Citizens Financial Group Inc.’s Citizens One Home Mortgage ranked No. 5 in a United States primary mortgage servicer satisfaction study with a...
PROVIDENCE-BASED Citizens Financial Group reported second-quarter net income of $318 million, an improvement on $243 million in the 2016 second quarter. /BLOOMBERG FILE PHOTO/ KELVIN MA

Citizens grew second-quarter profit 30.9% to $318M

PROVIDENCE – Citizens Financial Group Inc. on Friday reported second-quarter profit grew 30.9 percent to $318 million, or 63 cents per diluted share, compared...
LOOKING UP: According to BankNewport Chief Financial Officer Gregory Derderian, left, the bank’s results reflect the positive market across the state. With him at company headquarters in Middletown are Connie Loveland, senior vice president/director of financial planning and customer support, and Justin Medeiros, accounting manager/­officer.  / PBN PHOTO/KIM FULLER

R.I. banks saw strong results in 2017 1Q

Rhode Island banks grew profit at a much faster pace than their peers nationwide and in New England during the first quarter of 2017,...
THE FEDERAL Deposit Insurance Corp. tracks banking statistics for all financial institutions it insures. / PBN FILE PHOTO

R.I. banks’ Q1 profit more than double national average

PROVIDENCE – Rhode Island banks grew 2017 first-quarter profit at a faster clip than its peers nationwide, according to data released by the Federal...
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