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Citizens Financial Group, Inc. Reaches Deposit Reconciliation Agreements

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PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: “CFG” or “Citizens”) today announced settlements with the Consumer Financial Protection Bureau (“CFPB”), the Office of the Comptroller of the Currency (“OCC”), and the Federal Deposit Insurance Corporation (“FDIC”) (collectively “the Regulators”) in connection with certain operational practices related to its handling of deposits in the period 2008 to 2013. Like many other peer banks, Citizens employed certain practices to

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