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Citizens Bank's parent adds RBS to name

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By Thomas Olson
Thursday, Oct. 11, 2012, 12:01 a.m.
 

The parent of Citizens Bank has added a Scottish flavor to its name.

Citizens Financial Group, based in Providence, R.I., is being renamed, “RBS Citizens Financial Group,” said spokeswoman Lauren DiGeronimo. The RBS is short for Royal Bank of Scotland, which is the U.K.-based owner of the American banking group.

Financially troubled Royal Bank of Scotland, based in Edinburgh, was taken over by the British government in late 2008.

Citizens Bank — the Pittsburgh area's second-largest retail bank, with 132 area branches — is not changing its name, said DiGeronimo. RBS Citizens has about 1,500 branches in 12 states.

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