PNC Bank announced the appointment of Mark Richter, vice president responsible for business development for PNC Bank Canada Branch. PNC Bank, N.A. is a member of the PNC Financial Services Group, Inc. Based in Toronto, Richter provides various financing options to middle market companies and private equity firms.

Richter brings more than 19 years of corporate and investment banking experience. Most recently, he worked on Deloitte’s Capital Advisory team where he provided financing advice to middle market and large corporations as well as acting as a subject matter expert to a private equity firm in Beijing, China. Richter earned a bachelor’s degree in economics from the University of Toronto and a master’s in finance from York University’s Schulich School of Business.

PNC Bank Canada Branch provides equipment finance and asset-based lending. PNC Bank does not accept deposits from the public in Canada and is not a member institution of the Canada Deposit Insurance Corporation. Lending products and services require credit approval.

The PNC Financial Services Group, one of the nation’s largest diversified financial services organizations providing retail and business banking; residential mortgage banking; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management.