Regional banks can compete with the bigger banks. So said Citizens Financial Group CEO Bruce Van Saun on Tuesday (April 25) when speaking with Bloomberg’s Baystate Business Hour Podcast. “We go up against the megabanks every day in these markets like Boston,” Van Saun said....
It was supposed to be a strong year for lending across the board, after a stumpy 2017, which saw numbers in both consumer and commercial lending tending toward a slump. As of early 2018, U.S. regional bank executives were gearing up for a bumper year,...
September 06, 2023
Consolidation in the U.S. banking sector is expected to be limited in the near future due to high interest rates and regulatory pressures, according to Citizens Financial Group CEO Bruce Van Saun. The current high interest rates make it difficult for banks to make profitable acquisitions, Van Saun said, according to a Bloomberg report Wednesday (Sept. 6). Additionally, the […]
April 26, 2023
Regional banks can compete with the bigger banks. So said Citizens Financial Group CEO Bruce Van Saun on Tuesday (April 25) when speaking with Bloomberg’s Baystate Business Hour Podcast. “We...
