Citizens Financial Group rebalanced its portfolio by increasing its stake in Lam Research by 179.3% and acquiring a new $5.37 million position in First Solar, while reducing holdings in Marathon Petroleum and Intuit. Simultaneously, the bank announced plans to close 100-120 in-store branches, aiming to maintain a national footprint of approximately 1,000 locations. Additionally, Citizens Bank confirmed it will terminate its business relationships with private prison operators CoreCivic and The GEO Group.
