Citizens Financial Group

John J. Fawcett Appointed to Bread Financial™’s Board of Directors

Retrieved on: 
화요일, 5월 21, 2024

COLUMBUS, Ohio, May 21, 2024 (GLOBE NEWSWIRE) -- Bread Financial Holdings, Inc. (NYSE: BFH) today announced that John J. Fawcett, a seasoned financial services executive, has joined the Company’s board as an independent director.

Key Points: 
  • COLUMBUS, Ohio, May 21, 2024 (GLOBE NEWSWIRE) -- Bread Financial Holdings, Inc. (NYSE: BFH) today announced that John J. Fawcett, a seasoned financial services executive, has joined the Company’s board as an independent director.
  • In connection with his appointment, Mr. Fawcett will also serve as a member of the board’s Audit and Nominating & Corporate Governance committees.
  • “As part of our continuous board refreshment, we are pleased to welcome John Fawcett to our Board of Directors,” said Ralph Andretta, president and CEO, Bread Financial.
  • Following Mr. Fawcett’s appointment, Bread Financial’s board now consists of nine directors.

Citizens Financial Group Announces Redemption of All Outstanding Depositary Shares Representing Interests in Series D Preferred Stock

Retrieved on: 
목요일, 5월 23, 2024

Citizens Financial Group, Inc. (NYSE: CFG) today announced the redemption on July 8, 2024 (the “Redemption Date”) of 12,000,000 depositary shares (NYSE: CFG PrD; CUSIP: 174610204; ISIN: US1746102045) (the “Depositary Shares”) representing interests in CFG’s 6.350% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D (the “Series D Preferred Stock”).

Key Points: 
  • Citizens Financial Group, Inc. (NYSE: CFG) today announced the redemption on July 8, 2024 (the “Redemption Date”) of 12,000,000 depositary shares (NYSE: CFG PrD; CUSIP: 174610204; ISIN: US1746102045) (the “Depositary Shares”) representing interests in CFG’s 6.350% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D (the “Series D Preferred Stock”).
  • On and after the Redemption Date, no Depositary Shares or shares of Series D Preferred Stock will remain outstanding and dividends in respect of the Series D Preferred Stock will no longer accrue.
  • The Depositary Shares will be redeemed at a redemption price of $25 per Depositary Share (equivalent to $1,000 per share of Series D Preferred Stock) (the “Redemption Price”).
  • Simultaneously with the redemption of the Series D Preferred Stock, the outstanding Depositary Shares will be redeemed on the Redemption Date in accordance with the applicable procedures of Computershare Trust Company, N.A.

Citizens Builds on Growing Presence in Florida, Announces First Market President

Retrieved on: 
수요일, 5월 15, 2024

Citizens Financial Group, Inc. (NYSE: CFG) today announced that Jim Weiss has joined Citizens as Florida market president to bring additional local focus and expertise as Citizens continues to grow its presence in Florida.

Key Points: 
  • Citizens Financial Group, Inc. (NYSE: CFG) today announced that Jim Weiss has joined Citizens as Florida market president to bring additional local focus and expertise as Citizens continues to grow its presence in Florida.
  • Prior to that, he had a 16-year career at Fifth Third Bank, most notably leading the Commercial business across the state.
  • This latest move follows the opening of Citizens’ first Private Bank office in Palm Beach earlier this year.
  • The Citizens approach puts clients first by offering great ideas combined with thorough market knowledge and excellent execution, to help our clients enhance their business and reach their potential.

Citizens Financial Group to Participate in the Bernstein 40th Annual Strategic Decisions Conference 2024

Retrieved on: 
수요일, 5월 8, 2024

Citizens Financial Group, Inc. (NYSE: CFG) announced today that Chairman and Chief Executive Officer Bruce Van Saun will participate in the Bernstein 40th Annual Strategic Decisions Conference 2024 to be held on Friday, May 31, 2024 at 10:00 am ET.

Key Points: 
  • Citizens Financial Group, Inc. (NYSE: CFG) announced today that Chairman and Chief Executive Officer Bruce Van Saun will participate in the Bernstein 40th Annual Strategic Decisions Conference 2024 to be held on Friday, May 31, 2024 at 10:00 am ET.
  • The live webcast will be available at https://investor.citizensbank.com under Events & Presentations.

Citizens Financial Group, Inc. Declares Dividends on Preferred Stock

Retrieved on: 
화요일, 5월 7, 2024

Citizens Financial Group, Inc. (NYSE: CFG) announced that its board of directors has declared the following dividends on its preferred stock payable on July 8, 2024, to preferred shareholders of record at the close of business on June 21, 2024:

Key Points: 
  • Citizens Financial Group, Inc. (NYSE: CFG) announced that its board of directors has declared the following dividends on its preferred stock payable on July 8, 2024, to preferred shareholders of record at the close of business on June 21, 2024:
    a quarterly cash dividend of $21.65408194 per share on CFG’s 6.000% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series B (CUSIP No.
  • 174610AP0);
    a quarterly cash dividend of $22.52782917 per share on CFG’s 6.375% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series C (CUSIP No.
  • 174610AQ8);
    a quarterly cash dividend of $23.7807460 per share ($0.59451865 per each depositary share, each representing a 1/40th interest in a share of the preferred stock) on CFG’s 6.350% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D (CUSIP No.
  • 174610204);
    a quarterly cash dividend of $12.50 per share ($0.3125 per each depositary share, each representing a 1/40th interest in a share of the preferred stock) on CFG’s 5.000% Fixed-For-Life Non-Cumulative Perpetual Preferred Stock, Series E (CUSIP No.

Citizens Financial Group to Participate at the Barclays Americas Select Franchise Conference

Retrieved on: 
월요일, 4월 29, 2024

Citizens Financial Group, Inc. (NYSE: CFG) announced today that Chairman and CEO Bruce Van Saun will participate at the Barclays Americas Select Franchise Conference to be held on Wednesday, May 8, 2024 at 10:45 am GMT.

Key Points: 
  • Citizens Financial Group, Inc. (NYSE: CFG) announced today that Chairman and CEO Bruce Van Saun will participate at the Barclays Americas Select Franchise Conference to be held on Wednesday, May 8, 2024 at 10:45 am GMT.
  • The live webcast will be available at https://investor.citizensbank.com under Events & Presentations.

Citizens Financial Group, Inc. Reports First Quarter 2024 Net Income of $334 million and EPS of $0.65

Retrieved on: 
수요일, 4월 17, 2024

Citizens Financial Group, Inc. (NYSE: CFG or “Citizens”) today reported first quarter 2024 financial results.

Key Points: 
  • Citizens Financial Group, Inc. (NYSE: CFG or “Citizens”) today reported first quarter 2024 financial results.
  • The dividend is payable on May 15, 2024 to shareholders of record at the close of business on May 1, 2024.
  • As previously announced, Citizens will host a live conference call to review its first quarter 2024 financial results.
  • Replay Information: A replay of the conference call will be available beginning at 12:00 pm ET on April 17, 2024 through May 17, 2024.

Citizens Financial Group Names Paul Casey to Lead Wealth Business

Retrieved on: 
월요일, 4월 15, 2024

Citizens Financial Group, Inc. (NYSE: CFG) today announced that Paul Casey will join the bank as Head of Wealth Management, effective July 9.

Key Points: 
  • Citizens Financial Group, Inc. (NYSE: CFG) today announced that Paul Casey will join the bank as Head of Wealth Management, effective July 9.
  • He will lead the bank’s Citizens Wealth Management and Citizens Private Wealth Management organizations, serving the needs of mass affluent, affluent, high-net-worth, and ultra-high-net-worth clients.
  • “Paul is an experienced and well-rounded Wealth Management executive with a proven track record of success and has a long runway here at Citizens,” said Coughlin.
  • The hiring of these high-quality executives demonstrates the strength of Citizens’ growing wealth management platform.

Citizens Announces $2.4M in Financial Empowerment Grants to Support 137 Nonprofits

Retrieved on: 
수요일, 3월 27, 2024

Citizens today announced $2.4 million in financial empowerment grants to support 137 nonprofit organizations, including $415,000 to Junior Achievement as part of the bank’s Citizens Helping Citizens Manage Money program.

Key Points: 
  • Citizens today announced $2.4 million in financial empowerment grants to support 137 nonprofit organizations, including $415,000 to Junior Achievement as part of the bank’s Citizens Helping Citizens Manage Money program.
  • The bank also announced the results of a teen financial wellness survey, published in partnership with Junior Achievement, that demonstrates the need for expanded financial literacy programs.
  • “We are grateful for Citizens leadership in helping promote financial empowerment programs to support the mental and financial health of today’s youth.”
    Citizens Helping Citizens Manage Money is the bank’s financial empowerment program dedicated to providing funding and volunteerism to support programs that give people the confidence and tools they need to budget, save, invest, and pursue their goals.
  • Throughout the year, Citizens colleagues share their time and talents to deliver financial education training to support grant recipients programming.

Citizens Financial Group Chairman and CEO Awarded Foreign Policy Association Medal; Highlights Vital Role of US Banks in Global Economy

Retrieved on: 
금요일, 3월 8, 2024

The U.S. banking system remains well-positioned to help boost global growth and act as a steward for existing and new markets, while driving alignment with the values and policies that contribute to collective prosperity, remarked Bruce Van Saun, Chairman and Chief Executive Officer of Citizens Financial Group, while accepting the Foreign Policy Association’s 2024 FPA Medal.

Key Points: 
  • The U.S. banking system remains well-positioned to help boost global growth and act as a steward for existing and new markets, while driving alignment with the values and policies that contribute to collective prosperity, remarked Bruce Van Saun, Chairman and Chief Executive Officer of Citizens Financial Group, while accepting the Foreign Policy Association’s 2024 FPA Medal.
  • Speaking at the Association’s March 7 Financial Services Dinner in New York, Van Saun highlighted America’s contributions to strong global financial systems, rising economic prosperity and the creation of new markets.
  • “The FPA is honored to once again recognize Mr. Van Saun for his longtime commitment to global financial services,” said Noel Lateef, President & CEO, FPA.
  • He is a member of the Bank Policy Institute board and serves on the board of the Partnership for Rhode Island.