Originally published Tuesday, November 3, 2009 at 10:27 AM
Comments (0)
E-mail article
Print view
Share
Citizens Financial Group CEO says it won't be sold
The head of Rhode Island-based Citizens Financial Group says it won't be sold by its parent company, the Royal Bank of Scotland, as a condition of the British government pouring billions of dollars into the firm.
The Associated Press
The head of Rhode Island-based Citizens Financial Group says it won't be sold by its parent company, the Royal Bank of Scotland, as a condition of the British government pouring billions of dollars into the firm.
Chief Executive Officer Ellen Alemany says RBS's announcement Tuesday that Citizens is not among the assets it will sell affirms that the banking firm in Providence is "a valued part of the RBS Group."
Citizens Financial operates nearly 1,500 branches, as Citizens Bank in the Northeast and as Charter One in the Midwest. It has about 23,000 employees.
RBS says it's selling other assets, including branch networks in Great Britain as part of a deal in which the British government gives it 25.5 billion pounds, about $41.8 billion, on top of an earlier bailout.
E-mail article
Print view
Share
Nintendo re-enlists Mario, savior of video-game industry
Verizon-Frontier deal stirs concern among consumers
Brier Dudley: 'Guitar Hero' founder excited about future
Gaps for consumers in Democrat health care bills
Hutch gets $10M from Bezos family for immunotherapy research
More Business & Technology headlines...
Real Salt Lake wins MLS Cup
Real Salt Lake defeated the Los Angeles Galaxy with penalty kicks after 120 minutes of play at Qwest Field in Seattle.
Raw Video | Real Salt Lake receives the MLS Cup trophy
Raw Video | Real Salt Lake fans celebrate
Real Salt Lake fans enter Qwest Field
Raw Video | MLS Cup Opening Ceremony
LA Galaxy's David Beckham
Real Salt Lake's Kyle Beckerman
MLS trophy arrives in Seattle
Chittenden Locks Inspection
Full interview with New Moon actors
Entertainment | Top Video | World | Offbeat Video | Sci-Tech
nwjobs
Post a comment
Michelle Goodman blogs about work/life balance.
How to tell your office you're gravely ill
Post a comment
nwautos
Choosing a new sedan? Weigh the impact of your choice on your wallet and on the planet.
Post a comment
Open Houses | Find this weekend's open house listings.  Or search by location: |
- 'The Road' takes Viggo Mortensen to Mount St. Helens and Astoria, Ore.
- Tugboat sinks at Seattle waterfront pier
- Child-support error costs nearly $21,000
- Vikings easily beat the Seahawks
- Craigslist adoption ad: A plea by young mother-to-be? A scam?
- Chase shrugs off loss of CD investors
- Illegal workers quietly let go
- Denny Triangle gains skyline, but tenants slow to come
- Snow piles up on Cascade slopes
- Woman stabbed by stranger in North Seattle
- Vikings easily beat the Seahawks 139
- Child-support error costs nearly $21,000 129
- Palin excitement builds in Tri-Cities 126
- Tight Senate vote launches health care over hurdle 123
- Cutting through breast-cancer confusion 91
- Historic health care bill clears Senate hurdle 90
- Game thread 70
- New York terror trials will restore faith in rule of law 68
- Chase shrugs off loss of CD investors 54
- Illegal workers quietly let go 48
- 'The Road' takes Viggo Mortensen to Mount St. Helens and Astoria, Ore.
- Child-support error costs nearly $21,000
- It's possible to recover a life lost to hoarding
- Washington state wines make annual best-of list
- Sprouts, raw fish on attorney's 'do not eat' list
- Banff: powder, peaks & purity
- Chase shrugs off loss of CD investors
- Rediscovering Moab, 'the most beautiful place on Earth'
- Denny Triangle gains skyline, but tenants slow to come
- Protect yourself from baggage loss
