Citizens Bank signs SigFig for robo-adviser investment services

Rhode Island-based Citizens Bank said Thursday it is partnering with SigFig, a leading robo-adviser, to help manage the portfolios of the bank’s 1.2 million middle-income retirement savers.

Citizens is the third major bank with a wealth management business to sign a deal with SigFig. Wells Fargo & Co and UBS AG’s U.S. wealth management unit both announced deals with the digital investment platform earlier this year. Read more: www.reuters.com