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 TwitterLinkedIn or Facebook.

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Contacts

Media: Peter Lucht — 781.655.2289

Investors: Ellen A. Taylor — 203.900.6854

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