Citizens Accelerates Private Banking Capabilities with Addition of Multiple Teams Across Boston, Florida,
Benzinga Citizens Financial Group, Inc. 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' strategy to build out Wealth Management, scale Business Banking, grow deposits, and expand in key growth markets.
"The addition of these talented and seasoned private bankers helps Citizens significantly boost our growth plans in Wealth Management and Business Banking," said Brendan Coughlin, Vice Chairman and Head of Consumer Banking at Citizens. "These 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' strong balance sheet and capabilities position us to serve this client segment exceptionally well."
