03/01/2019

Citizens Financial Group Completes Previously Announced Acquisition of Bowstring Advisors

PROVIDENCE, R.I.--(BUSINESS WIRE)-- Citizens Financial Group, Inc. (“Citizens”) [NYSE: CFG] today announced that it has completed the acquisition of Bowstring Advisors (formerly CHILDS Advisory Partners), an Atlanta-based merger and acquisition advisory firm that delivers a range of financial services to commercial and industrial clients nationwide. Bowstring will become part of Citizens Capital Markets, Inc., further accelerating the build out of Citizens’ M&A and financial advisory capabilities.

For more information about Citizens, visit the Citizens Commercial Banking website. For more information about Bowstring, visit the Bowstring Advisors website.

About Citizens Financial Group, Inc.
Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $160.5 billion in assets as of December 31, 2018. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Citizens helps its customers reach their potential by listening to them and by understanding their needs in order to offer tailored advice, ideas and solutions. In Consumer Banking, Citizens provides an integrated experience that includes mobile and online banking, a 24/7 customer contact center and the convenience of approximately 2,900 ATMs and approximately 1,100 branches in 11 states in the New England, Mid-Atlantic and Midwest regions. Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings. In Commercial Banking, Citizens offers corporate, institutional and not-for-profit clients a full range of wholesale banking products and services, including lending and deposits, capital markets, treasury services, foreign exchange and interest rate products, and asset finance. More information is available at www.citizensbank.com or visit us on Twitter, LinkedIn or Facebook.

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Media: Peter Lucht — 781.655.2289

Investors: Ellen A. Taylor — 203.900.6854

Source: Citizens Financial Group, Inc.