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.
April 2, 2015 |
Shares of Citizens Financial Group , the $128 billion Rhode Island-based company that owns Citizens Bank of Pennsylvania and naming rights to the Phillies' stadium, are up 13 percent since an initial public offering on the New York Stock Exchange in September. That beats the KBW Index of big-bank stocks, which has been flat during the same period, as low interest rates have squeezed bank profits. Citizens sold more shares last week, raising more than $3 billion for its past owner, Royal Bank of Scotland , which plans to sell its remaining stock by next year.
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 17, 2013 |
With his company's name on the baseball park, Daniel K. Fitzpatrick, 50, president of Citizens Bank for Pennsylvania, New Jersey, and Delaware, spends many a fine evening at the bank's skybox, entertaining clients. But his first contact with one famous Phillie came decades earlier. Question: You pitched against Jamie Moyer when he played for St. Joe's and you were at La Salle, right? Answer: We were opposite starting pitchers in a game at La Salle in 1984. After losing that game to Jamie and St. Joe's and seeing his great command of pitch location, I knew I should study harder and prepare for a career outside of baseball.
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.
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...
November 21, 2007 |
Philadelphia banking veteran Daniel K. Fitzpatrick is moving from Bank of America to Citizens Bank, where he will lead operations in eastern Pennsylvania, New Jersey and Delaware. Fitzpatrick, 44, had been Bank of America Corp.'s top commercial-banking executive in Pennsylvania, southern New Jersey and Delaware, as well as president of Bank of America in Pennsylvania. Stephen D. Steinour, who used to head Citizens Bank's operations here, said yesterday that his own promotion this year to chief executive officer of Citizens Financial Group Inc., of Providence, R.I., made it hard for him to spend much time working in the Philadelphia market, although he still lives here.