TITLE

Branch Deal to Shift Focus for Citizens

AUTHOR(S)
Dobbs, Kevin
PUB. DATE
June 2008
SOURCE
American Banker;6/26/2008, Vol. 173 Issue 123, p20
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Citizens Financial Group Inc., a division of the Royal Bank of Scotland Group PLC, is planning to sell 18 of its bank branches to Community Bank System Inc. Citizens Financial believes that the deal will help them grow in metropolitan areas instead of rural communities. Dana A. Drago, vice chairman of retail, thinks the sale will be a strategic move.
ACCESSION #
32877284

 

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