Citizens Financial Group
and The Dreyfus Corporation
have signed an agreement wherein the former will offer the latter's family of funds through its broker/dealer network in bank branches across the Northeast. For Citizens' clients, this means that they can choose from nearly 70 fund families for their portfolios.
"Establishing this relationship with Dreyfus will enable us to better satisfy the investment needs of our personal and small business banking customers," opined Lawrence K. Fish
; chairman, president, and ceo of Citizens. "In these uncertain economic times, customers deserve and appreciate the opportunity to select from a variety of investment products, and Dreyfus' funds are among the best in the industry."
"Citizens has established itself as a bank that focuses on providing great customer service," added Stephen E. Canter
, chairman and ceo of Dreyfus. "Service is equally important to Dreyfus, as we strive to provide our customers with the information and advice they need to help them make decisions about their financial goals. From our Web site and automated phone service, to face-to-face meetings at our local financial centers, Dreyfus represents quality service."
This move follows Citizens' purchase of sone of Mellon's (parent of Dreyfus) banking business in Pennsylvania, Delaware, and New Jersey. That deal is expected to be completed on December 1.
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