Branch Deal to Shift Focus for Citizens

Dobbs, Kevin
June 2008
American Banker;6/26/2008, Vol. 173 Issue 123, p20
Trade Publication
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.


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