{"id":762831,"date":"2023-06-09T17:02:04","date_gmt":"2023-06-09T21:02:04","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/citizens-accelerates-private-banking-capabilities-with-addition-of-multiple-teams-across-boston-florida-new-york-san-francisco\/"},"modified":"2023-06-09T17:02:04","modified_gmt":"2023-06-09T21:02:04","slug":"citizens-accelerates-private-banking-capabilities-with-addition-of-multiple-teams-across-boston-florida-new-york-san-francisco","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/citizens-accelerates-private-banking-capabilities-with-addition-of-multiple-teams-across-boston-florida-new-york-san-francisco\/","title":{"rendered":"Citizens Accelerates Private Banking Capabilities with Addition of Multiple Teams Across Boston, Florida, New York, San Francisco"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Citizens Accelerates Private Banking Capabilities with Addition of Multiple Teams Across Boston, Florida, New York, San Francisco<\/b><\/p>\n<p>PROVIDENCE, R.I.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nCitizens Financial Group, Inc. (NYSE: CFG) today announced it has significantly accelerated its private banking growth strategy with the addition of approximately 50 new senior private bankers and related support staff in Boston, Florida, New York, and San Francisco. Several sought-after teams, formerly with First Republic, chose to join Citizens based on its strong culture and customer focus. The addition of multiple teams in these geographies meaningfully accelerates Citizens\u2019 strategy to build out Wealth Management, scale Business Banking, grow deposits, and expand in key growth markets.<\/p>\n<p>\n\u201cThe addition of these talented and seasoned private bankers helps Citizens significantly boost our growth plans in Wealth Management and Business Banking,\u201d said Brendan Coughlin, Vice Chairman and Head of Consumer Banking at Citizens. \u201cThese teams have a demonstrated track record of delivering a truly differentiated white glove client experience that is second to none, which will create long-term customer loyalty across attractive growth areas. Citizens\u2019 strong balance sheet and capabilities position us to serve this client segment exceptionally well.\u201d<\/p>\n<p>\nThese new teams will also help accelerate Citizens\u2019 geographic growth plans in key markets such as Metro New York and Florida, bolster a core market in Boston, and add new capabilities on the West Coast to supplement the existing Commercial Bank presence, including the bank\u2019s previous acquisition of JMP Group, a capital markets firm based in San Francisco. They will provide personal banking, commercial and business banking, retirement planning, investment management and financial planning, and other services to high-net-worth individuals, families, nonprofits and private family foundations through the bank\u2019s Private Banking practice.<\/p>\n<p>\nAdded Coughlin: \u201cThese talented professionals were attracted to Citizens because of our strong customer orientation, our commitment to collaborating and delivering the best the bank has to offer, our entrepreneurial spirit, and our strong business and technology capabilities. We share their excitement about the opportunity to build and scale a great business leveraging Citizens\u2019 already strong foundation.\u201d<\/p>\n<p>\nCitizens Wealth Management, which includes its brokerage arm, Citizens Securities, Inc., provides integrated, full-service banking and investment services to help clients grow and protect their wealth, plan for retirement and achieve other long-term objectives across their financial lifetime. Citizens first expanded its wealth management and private banking capabilities in 2019 with the acquisition of Clarfeld Financial Advisors. The new teams will operate as Citizens Private Bank.<\/p>\n<p>\nAdditional details will be available during Citizens\u2019 Q2 2023 earnings call in July.<\/p>\n<p><b>About Citizens Financial Group, Inc.<\/b><\/p>\n<p>\nCitizens Financial Group, Inc. is one of the nation\u2019s oldest and largest financial institutions, with $222.3 billion in assets as of March 31, 2023. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Citizens helps its customers reach their potential by listening to them and by understanding their needs in order to offer tailored advice, ideas and solutions. In Consumer Banking, Citizens provides an integrated experience that includes mobile and online banking, a full-service customer contact center and the convenience of approximately 3,300 ATMs and approximately 1,200 branches in 14 states and the District of Columbia. Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings. In Commercial Banking, Citizens offers a broad complement of financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, interest rate and commodity risk management solutions, as well as loan syndication, corporate finance, merger and acquisition, and debt and equity capital markets capabilities. More information is available at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.citizensbank.com&amp;esheet=53418029&amp;newsitemid=20230609005423&amp;lan=en-US&amp;anchor=www.citizensbank.com&amp;index=1&amp;md5=c598600cb975e64296af826f7bea47b9\">www.citizensbank.com<\/a> or visit us on <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Ftwitter.com%2FCitizensBank&amp;esheet=53418029&amp;newsitemid=20230609005423&amp;lan=en-US&amp;anchor=Twitter&amp;index=2&amp;md5=4faa67b33fcac5535496845f34caba32\">Twitter<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fcitizens-bank%2F&amp;esheet=53418029&amp;newsitemid=20230609005423&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=3&amp;md5=41c9f45a7e812ffa3f976e3ed600d62d\">LinkedIn<\/a> or <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.facebook.com%2Fcitizensbank%2F&amp;esheet=53418029&amp;newsitemid=20230609005423&amp;lan=en-US&amp;anchor=Facebook&amp;index=4&amp;md5=65d93810e1da8f58bf8a6adf7d4dcf6d\">Facebook<\/a>.<\/p>\n<p><b>Cautionary Statement About Forward-Looking Statements<\/b><\/p>\n<p>\nThis news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statement that does not describe historical or current facts is a forward-looking statement. These statements often include the words \u201cbelieves,\u201d \u201cexpects,\u201d \u201canticipates,\u201d \u201cestimates,\u201d \u201cintends,\u201d \u201cplans,\u201d \u201cgoals,\u201d \u201ctargets,\u201d \u201cinitiatives,\u201d \u201cpotentially,\u201d \u201cprobably,\u201d \u201cprojects,\u201d \u201coutlook,\u201d \u201chopeful,\u201d \u201cguidance\u201d or similar expressions or future or conditional verbs such as \u201cmay,\u201d \u201cwill,\u201d \u201cshould,\u201d \u201cwould,\u201d and \u201ccould.\u201d Forward-looking statements are based upon the current beliefs and expectations of management, and on information currently available to management. Our statements speak as of the date hereof, and we do not assume any obligation to update these statements or to update the reasons why actual results could differ from those contained in such statements in light of new information or future events. We caution you, therefore, against relying on any of these forward-looking statements. They are neither statements of historical fact nor guarantees or assurances of future performance. More information about factors that could cause actual results to differ materially from those described in the forward-looking statements can be found under \u201cRisk Factors\u201d in our Annual Report on Form 10-K for the year ended December 31, 2022, as filed with the United States Securities and Exchange Commission.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230609005423r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230609005423\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230609005423\/en\/<\/a><\/span><\/p>\n<p>\nMichelle King Savio<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:michelle.l.kingsavio@citizensbank.com\">michelle.l.kingsavio@citizensbank.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Rhode Island Massachusetts Florida New York California<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Banking Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230609005423\/en\/1665138\/3\/Citizens_TM_Horz_RGB_HEX.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Citizens Accelerates Private Banking Capabilities with Addition of Multiple Teams Across Boston, Florida, New York, San Francisco PROVIDENCE, R.I.&#8211;(BUSINESS WIRE)&#8211; Citizens Financial Group, Inc. (NYSE: CFG) today announced it has significantly accelerated its private banking growth strategy with the addition of approximately 50 new senior private bankers and related support staff in Boston, Florida, New York, and San Francisco. Several sought-after teams, formerly with First Republic, chose to join Citizens based on its strong culture and customer focus. The addition of multiple teams in these geographies meaningfully accelerates Citizens\u2019 strategy to build out Wealth Management, scale Business Banking, grow deposits, and expand in key growth markets. \u201cThe addition of these talented and seasoned private bankers helps Citizens significantly boost our &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/citizens-accelerates-private-banking-capabilities-with-addition-of-multiple-teams-across-boston-florida-new-york-san-francisco\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Citizens Accelerates Private Banking Capabilities with Addition of Multiple Teams Across Boston, Florida, New York, San Francisco&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-762831","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Citizens Accelerates Private Banking Capabilities with Addition of Multiple Teams Across Boston, Florida, New York, San Francisco - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/citizens-accelerates-private-banking-capabilities-with-addition-of-multiple-teams-across-boston-florida-new-york-san-francisco\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Citizens Accelerates Private Banking Capabilities with Addition of Multiple Teams Across Boston, Florida, New York, San Francisco - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Citizens Accelerates Private Banking Capabilities with Addition of Multiple Teams Across Boston, Florida, New York, San Francisco PROVIDENCE, R.I.&#8211;(BUSINESS WIRE)&#8211; Citizens Financial Group, Inc. (NYSE: CFG) today announced it has significantly accelerated its private banking growth strategy with the addition of approximately 50 new senior private bankers and related support staff in Boston, Florida, New York, and San Francisco. Several sought-after teams, formerly with First Republic, chose to join Citizens based on its strong culture and customer focus. The addition of multiple teams in these geographies meaningfully accelerates Citizens\u2019 strategy to build out Wealth Management, scale Business Banking, grow deposits, and expand in key growth markets. \u201cThe addition of these talented and seasoned private bankers helps Citizens significantly boost our &hellip; Continue reading &quot;Citizens Accelerates Private Banking Capabilities with Addition of Multiple Teams Across Boston, Florida, New York, San Francisco&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/citizens-accelerates-private-banking-capabilities-with-addition-of-multiple-teams-across-boston-florida-new-york-san-francisco\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-09T21:02:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230609005423r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/citizens-accelerates-private-banking-capabilities-with-addition-of-multiple-teams-across-boston-florida-new-york-san-francisco\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/citizens-accelerates-private-banking-capabilities-with-addition-of-multiple-teams-across-boston-florida-new-york-san-francisco\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Citizens Accelerates Private Banking Capabilities with Addition of Multiple Teams Across Boston, Florida, New York, San Francisco\",\"datePublished\":\"2023-06-09T21:02:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/citizens-accelerates-private-banking-capabilities-with-addition-of-multiple-teams-across-boston-florida-new-york-san-francisco\\\/\"},\"wordCount\":881,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/citizens-accelerates-private-banking-capabilities-with-addition-of-multiple-teams-across-boston-florida-new-york-san-francisco\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20230609005423r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/citizens-accelerates-private-banking-capabilities-with-addition-of-multiple-teams-across-boston-florida-new-york-san-francisco\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/citizens-accelerates-private-banking-capabilities-with-addition-of-multiple-teams-across-boston-florida-new-york-san-francisco\\\/\",\"name\":\"Citizens Accelerates Private Banking Capabilities with Addition of Multiple Teams Across Boston, Florida, New York, San Francisco - 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(NYSE: CFG) today announced it has significantly accelerated its private banking growth strategy with the addition of approximately 50 new senior private bankers and related support staff in Boston, Florida, New York, and San Francisco. Several sought-after teams, formerly with First Republic, chose to join Citizens based on its strong culture and customer focus. The addition of multiple teams in these geographies meaningfully accelerates Citizens\u2019 strategy to build out Wealth Management, scale Business Banking, grow deposits, and expand in key growth markets. \u201cThe addition of these talented and seasoned private bankers helps Citizens significantly boost our &hellip; Continue reading \"Citizens Accelerates Private Banking Capabilities with Addition of Multiple Teams Across Boston, Florida, New York, San Francisco\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/citizens-accelerates-private-banking-capabilities-with-addition-of-multiple-teams-across-boston-florida-new-york-san-francisco\/","og_site_name":"Market Newsdesk","article_published_time":"2023-06-09T21:02:04+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230609005423r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/citizens-accelerates-private-banking-capabilities-with-addition-of-multiple-teams-across-boston-florida-new-york-san-francisco\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/citizens-accelerates-private-banking-capabilities-with-addition-of-multiple-teams-across-boston-florida-new-york-san-francisco\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Citizens Accelerates Private Banking Capabilities with Addition of Multiple Teams Across Boston, Florida, New York, San Francisco","datePublished":"2023-06-09T21:02:04+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/citizens-accelerates-private-banking-capabilities-with-addition-of-multiple-teams-across-boston-florida-new-york-san-francisco\/"},"wordCount":881,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/citizens-accelerates-private-banking-capabilities-with-addition-of-multiple-teams-across-boston-florida-new-york-san-francisco\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230609005423r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/citizens-accelerates-private-banking-capabilities-with-addition-of-multiple-teams-across-boston-florida-new-york-san-francisco\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/citizens-accelerates-private-banking-capabilities-with-addition-of-multiple-teams-across-boston-florida-new-york-san-francisco\/","name":"Citizens Accelerates Private Banking Capabilities with Addition of Multiple Teams Across Boston, Florida, New York, San Francisco - 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