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Citizens Financial Group To Acquire Matrix Capital Markets Group Assets
Citizens Financial Group, Inc. announced a definitive agreement to acquire substantially all the assets of Matrix Capital Markets Group, Inc., a leading advisory firm specializing in the Downstream Energy & Convenience Retail sector. This acquisition strengthens Citizens’ sector-focused advisory capabilities and expands its expertise into related areas like Automotive Aftermarket and Outdoor Recreation and Marine. The transaction, expected to close in Q1 2026, will be funded with cash, with Matrix operating as a division of Citizens JMP Securities, LLC.