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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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.