Citizens Customers Tied Up in Fraud Case

A $2 billion insurance fraud case has affected some Citizens Bank customers who purchased annuity products through Citizens Financial Group’s securities division, which reportedly is now being investigated in Massachusetts.

Citizens to Acquire LA-Based Advisory Firm

Providence-based Citizens Financial Group Inc. has entered into a definitive agreement to purchase the assets of Trinity Capital, a Los Angeles-based advisory firm that delivers a range of financial services to commercial clients.