Citizens Financial

Where regionals outshine big banks: The battle for cheap deposits

05/01/18

Investments in analytics and a focus on courting midsize businesses have helped regional banks add non-interest-bearing deposits even as they struggle for other types of deposits. Can they keep it up as rates rise?

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Consumer credit eases pain of business lending slump

04/20/18

After nearly two years of sputtering commercial loan growth, regional bankers are counting more than ever on expanding their portfolios of personal loans and other types of consumer credit.

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Citizens reaps the benefit of 4% growth in consumer lending

04/20/18

The Providence, R.I., company reported a double-digit increase in quarterly profits despite a year-over-year decline in fee-based revenue.

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Bankers aren't waiting for Amazon ‘to come eat our lunch’

03/13/18

The online giant has succeeded in disrupting every area of retail, but in banking it faces a high barrier to entry and fierce determination from banks like Citizens Financial and Bank of the West to keep upping their games.

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Citizens defends AML controls amid questions about ties to Manafort, Russian meddling

02/26/18

Shares of the Providence, R.I., company plunged Monday, following a news report that it faces possible legal risks from the latest charges filed against Paul Manafort, the former campaign manager for President Trump.

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Why point-of-sale lending is hot right now

02/07/18

It’s not necessarily new, but a confluence of trends — advances in technology, changing consumer preferences and banks’ need to diversify their balance sheets — has made it more popular than ever.

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JPMorgan's branch expansion: Threat to rivals, or overreach?

01/23/18

A plan by the largest U.S. bank to use part of its tax windfall to enter new markets (including Washington and Boston) could become a serious threat for banks of all sizes in those cities — or looked backed upon someday as a pricey over-expansion.

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Regionals step on gas in retail loans as commercial lending sputters

01/19/18

Citizens Financial, Regions and SunTrust reported strong gains in consumer banking, including loans made through partnerships with retailers and fintech lenders. They want to keep it up to compensate for slack in commercial lending.

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Pranks at CFPB, tax cuts' impact and bitcoin: Top stories of the week

12/08/17

For the second week in a row, the CFPB's leadership shakeout dominated readers' attention, while a regional banker discussed efforts to fight hacking and the impact of the tax cuts, and bitcoin's price soared.

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A regional bank CEO’s take on tax cuts, hacking and fintech partnerships

12/04/17

During a sit-down interview, Bruce Van Saun, the CEO at Citizens Financial, explained how Washington policy changes could boost lending, why cyber threats keep him up nights and how fintechs and AI are changing the industry for the better.

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