Citizens Bank Acquires 80 East Coast Branches, National Online Deposit Business of HSBC
Citizens Bank entered into an agreement to acquire 80 East Coast branches from HSBC Bank as well as HSBC’s national online deposit business. Under the agreement, Citizens will acquire approximately $9 billion in deposits and approximately $2.2 billion in loans.
May 27, 2021
Brendan Coughlin | Bruce Van Saun | Citizens Bank | Debevoise & Plimpton | HSBC Bank U.S.A. | Morgan Stanley
Ian Koplin