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As previously announced, Citizens Financial Group, Inc. (NYSE: CFG) will report its second quarter 2023 earnings on July 19, 2023. The news release and supplemental materials will be available at http://investor.citizensbank.com . CFG management will host a live conference call that morning w...
Citizens Financial Group, Inc. (NYSE: CFG or the “Company”) announced today that, after June 30, 2023, three-month CME Term SOFR, as administered by CME Group Benchmark Administration, Ltd. (or any successor administrator), plus a tenor spread adjustment of 0.26161% (“SOFR Ra...
2023-06-12 15:20:15 ET Citizens Financial Group ( NYSE: CFG ) stock dropped as much as 9.2% during Monday's session as net charge-offs have come in "a little bit" higher than expected, "mostly given certain valuation aspects of the book," finance chief John Woods said at an indu...
2023-06-10 18:55:00 ET The Citi quantitative team is still confident about its Oversold Strategy, despite a second stumble in returns this year. "Our systematic Oversold Strategy posted its second loss (-4%) this year in May, as the equity market is following more closely on the credit ...
Citizens Financial Group, Inc. (NYSE: 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, f...
2023-06-07 11:12:13 ET Citizens Financial Group ( NYSE: CFG ) said Wednesday it will no longer originate indirect auto loans as of July 1, 2023, as part of its plan to optimize its balance sheet and focus on relationship-based lending. The bank will retain and continue to ...
Servicing of Existing Auto Portfolio to Continue; Advances Strategy to Invest in Businesses Aligned with Deepening Relationships with Customers Citizens Financial Group, Inc. (NYSE: CFG or “Citizens”) today announced that it will no longer originate indirect auto loans, ef...
2023-06-05 03:41:19 ET Big U.S. lenders like Morgan Stanley ( NYSE: MS ) may soon face revised capital rules following the collapse of smaller regional players earlier this year, according to the Wall Street Journal . Overall capital requirements could be raised by about 20%...
2023-06-05 01:23:24 ET Summary Citizens Financial Group has seen a 30% drop in stock value over the past three months, but the sell-off is considered overdone. CFG exhibited strong Q1 results, with higher revenue, expenses, and earnings per share than a year ago, and has ample liq...
First Product to Launch with Mastercard Touch Card Feature in the U.S. Today, Citizens is introducing the Citizens Private Client™ World Elite Mastercard ® , the first launch with its exclusive payments partner, Mastercard, and the first card product in the U.S. to i...
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Corporate revenue rises as markets turn more favorable The national Citizens Business Conditions Index™ (CBCI) rose to 52.2 in the second quarter, pushing into expansionary territory after taking a step back at the beginning of the year. The reading above 50 indicates that econ...
2024-07-25 10:45:04 ET Avantor Inc. (AVTR) AVTR is trading UP for the last 5 days, and it at trading at $22.39 with volume of 6,161,926 and a one day change of $0.02 (0.07%). Avantor Inc. has a 52-week low of 16.63 and a 52-week high of $26.16. The business's 50-day moving average p...
2024-07-20 12:56:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...