1. Citizens Financial's 'Reimagine' Plan: $450M Cost-Cut Target by 2028 Amid NIM Pressure
Citizens Financial Group has laid out a stark financial roadmap, targeting $450 million in annual run-rate cost savings by the end of 2028 under its 'Reimagine the Bank' initiative. This aggressive efficiency drive comes as the bank simultaneously projects a critical profitability metric, its net interest margin (NIM),...