Citizens, Oppenheimer in collaboration

RBS Citizens and Oppenheimer & Co. Inc. announced Tuesday the formation of a referral collaboration that will combine RBS's strength in commercial banking with Oppenheimer's investment-banking products.

RBS said it is focusing on mergers and acquisitions in the middle range of the market, which surveys have indicated will be active in the months ahead.

The collaboration will give clients "the full breadth and depth of capabilities necessary to advise and finance these strategic objectives," said Robert Matthews, head of RBS Citizens Commercial Banking and vice chairman of RBS Citizens Financial Group Inc., in a statement.

For information, call (877) 220-0491.

- Lee Howard


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