Citizens Private Bank Wants to Woo Wealthy Clients of Failed Lenders
VIDEO: Citizens Private Bank Wants to Woo Wealthy Clients of Failed Lenders
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- Venture attracts $500 million since soft launch last month
- Citizens has hired 150 bankers, mostly from First Republic
Citizens Financial Group Inc. rolled out a private bank as it seeks to capture wealthy clients of regional lenders that were felled by the turmoil earlier this year.
Citizens Private Bank has already attracted about $500 million in deposits and investments since its soft launch in September and is targeting about $10 billion each in deposits, loans and assets under management.
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Citizens Private Bank Wants to Woo Wealthy Clients of Failed Lenders
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