Reported 4 months ago
Citizens Financial Group Inc. CEO Bruce Van Saun is focusing on growing the bank's wealth-management offerings to attract high-net-worth clients. The firm recently hired a veteran from Morgan Stanley to lead its wealth business and has been expanding its private bank to compete with other firms in the market. Van Saun mentioned plans to fill in key locations such as New York and Florida, with a significant investment in hiring private-bank employees that is expected to boost earnings next year.
Source: YAHOO