RBS Citizens Business Capital names Steven Katz to lead new Lender Finance Group
BOSTON (December 5, 2013) – RBS Citizens Business Capital announces the launch of its new Lender Finance Group and has named Wells Fargo veteran Steven Katz to lead the group as Senior Vice President and Sales Leader. Katz will be based in Stamford, CT.
RBS Citizens Business Capital’s Lender Finance Group will provide asset-based financing to specialty finance companies such as asset-based lenders and factoring companies along with equipment finance and leasing companies.
“We are pleased to have Steven join our team at RBS Citizens Business Capital. His expertise in the Lender Finance space will be enormously helpful as we continue to anticipate and meet the needs of our customers,” said Al Spada, RBS Citizens Business Capital National Sales Leader.
Katz was most recently Vice President and Senior Underwriter of the Lender Finance Division at Wells Fargo Capital Finance, where he underwrote transactions for a variety of specialty commercial finance companies.
Previous to Wells Fargo Capital Finance, Katz was a Managing Director at Syncora Guarantee. He also held senior roles at Fitch Ratings and Bear Stearns, with a focus on consumer and commercial finance companies.
“RBS Citizens Business Capital has a well-deserved reputation for creativity and problem solving and I am confident the same approach will help us grow our Lender Finance portfolio,” said Katz.
Katz is a graduate of Syracuse University with a Bachelor of Arts in Economics and was credit trained at NatWest Bank USA.
About RBS Citizens Financial Group, Inc
RBS Citizens Financial Group, Inc. is a $120 billion commercial bank holding company. It is headquartered in Providence, R.I., and through its subsidiaries has approximately 1,400 branches, over 3,500 ATMs and more than 18,000 colleagues. It operates a branch network in 12 states and has non-branch retail and commercial offices in more than 30 states. Its two bank subsidiaries are RBS Citizens, N.A., and Citizens Bank of Pennsylvania. They operate a branch network under the Citizens Bank brand in Connecticut, Delaware, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island and Vermont; and the Charter One brand in Illinois, Michigan and Ohio. RBSCFG is owned by RBS (the Royal Bank of Scotland Group plc). RBSCFG’s website is citizensbank.com.