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Citizens Financial To Acquire Matrix Capital Markets Group
Citizens Financial Group Inc. announced its acquisition of Matrix Capital Markets Group Inc., a move that will strengthen Citizens’ sector-focused advisory capabilities. Matrix, known for advising convenience retailers and fuel distributors, will operate as a division of Citizens JMP Securities upon closing, which is expected in the first quarter of 2026. The transaction, funded with cash, will integrate Matrix’s extensive M&A transaction experience with Citizens’ banking platform.