November 6, 2001 |
Also in this column: Niche insurer seeks investors Internet card lender crashes Here's your receipt - and a pint of ale? Royal Bank of Scotland, not content to have purchased 350 former Mellon Bank branches in Pennsylvania through its Citizens Bank subsidiary, has bought an additional 456 retail locations in the United Kingdom. Only these aren't bank branches. They are pubs. Royal Bank is paying brewer Scottish & Newcastle nearly $400 million for the chain of local taverns, about one-fifth of what it paid for the Mellon branches.
July 18, 2001 |
Local customers of Mellon PSFS are about to get a new bank. The 124 Mellon branches in the area - as well as hundreds of other branches in Pennsylvania, Delaware, New Jersey and Virginia - will be sold to Citizens Financial Group as part of a deal announced yesterday between the two banking companies. Mellon Financial Corp., parent of Mellon PSFS, said it was selling its retail banking business in those states for $2.1 billion in cash to Citizens Financial, the U.S. arm of Royal Bank of Scotland Group.
March 28, 2002 |
Would-be bank thieves beware: If you attempt to rob a Citizens Bank in Philadelphia, there will be a price on your head. Because of a string of unsolved robberies at six branches throughout the city, Citizens Bank of Pennsylvania announced yesterday that it is offering a reward of up to $10,000 for information leading to the arrest and prosecution of at-large thieves as well as future robbery suspects. The latest robbery of a Citizens Bank occurred Monday, when a gunman entered the branch at 1417 Walnut St. in Center City, showed a teller a weapon, and presented a demand note before making off with an undisclosed amount of cash.
September 5, 2003 |
To accommodate an increasingly 24/7 clientele, Citizens Bank of Pennsylvania said yesterday that it was extending Sunday hours to all 161 of its branches in the Philadelphia area as of this weekend. The move will catapult Citizens ahead of Cherry Hill's Commerce Bank, long identified with seven-day branch banking, in number of branches open Sunday. Commerce offers Sunday banking at 102 local branches. "We want to be there when the customer wants us," said Stephen D. Steinour, chairman and chief executive officer of Citizens Bank.
September 26, 2013 |
J ESSICA DEAN isn't the only new face at CBS3 and CW57. Charlotte Huffman will join the team as an investigative reporter starting Monday. Huffman hails from Oklahoma City but comes to Philly from NBC-affiliated WNCN in Raleigh, N.C., where she'd been a reporter since 2010. Huffman was recently honored with a 2013 regional Edward R. Murrow Award for her report on contaminated water in North Carolina, which prompted a change in the Legislature and a statewide water-safety campaign.
September 2, 2010 |
The acrimony in the $297 million legal battle between local developer J. Brian O'Neill and Citizens Bank, and how it has played out in public, was on the mind of Common Pleas Court Judge Albert W. Sheppard Jr. at a pretrial hearing in his Philadelphia courtroom Wednesday. The judge apologized to attorneys for comments he had made to The Inquirer about how much the megalawsuit was costing to litigate. "I have a very high opinion of these lawyers involved here," he said Wednesday.
October 14, 2011
Online banking operations at Citizens Bank of Pennsylvania were disrupted for several hours on Friday by what the bank described only as a "technical issue. " By late afternoon, Citizens said, business was fully operational, though online customers experienced residual delays because of high volume. For six days in early October, Bank of America customers also were slowed in, or prevented from, accessing their accounts online. It also cited a technical problem.
September 1, 2010
A man was arrested after a Tuesday afternoon bank robbery in King of Prussia, police said. At 3:27 p.m., Upper Merion police responded to a robbery call at Citizens Bank at 435 W. Dekalb Pike and were given a description of a man who presented a note demanding money and said he had a gun. An officer spotted a man who fit the robber's description driving a Mazda sedan and began a pursuit, police said. The chase crossed into Norristown, where the fleeing car hit several other vehicles before flipping over onto the front yard of a home.
December 23, 2014
Aviation management executive Chellie Cameron has been hired to the new position of chief operating officer of Philadelphia International Airport . Cameron has served as deputy director of aviation, finance, and administration at the airport since 2011. Drexel University , Philadelphia, has appointed Shintaro Kaido director of start-up services for Drexel Ventures , where he will lead the implementation of venture growth services for Drexel entrepreneurs. In this new position within the university accelerator, Shintaro will be responsible for providing venture development and advisory services.
September 4, 2002 |
In an effort to reduce traffic congestion and revitalize urban and older suburban communities, Citizens Bank announced yesterday that it will offer larger mortgage loans to home buyers who purchase property close to bus stops or train stations and agree to limit the number of cars they own. Under the "Smart Commute" program, which begins this week in Philadelphia and the four surrounding counties in Pennsylvania, the bank will increase loan amounts...