Citizens Financial completed the acquisition of Investors Bancorp for $3.5bn.

Citizens Financial, a provider of consumer banking services, completed the acquisition of Investors Bancorp, a provider of banking services, for $3.5bn. "The acquisition of Investors, following on the heels of the acquisition of HSBC's East Coast branches, further strengthens our formidable franchise in the northeast, together adding roughly one million customers and boosting our near and long-term growth potential. We are confident in our ability to successfully integrate these acquisitions, and to over time deliver the same attractive offerings to customers and strong financial performance in the New York City metro region and New Jersey as we do in other major metro areas we serve," Bruce Van Saun, Citizens Chairman and CEO. On March 24, 2022, Citizens Financial Group and Investors Bancorp received regulatory approval. On April 4. 2022, Citizens Financial Group and Investors Bancorp announced expected close date at April 6, 2022.