The PNC Financial Services Group announced that Carole L. Brown has elected to retire as head of Asset Management Group, effective Aug. 1. Brown will remain with PNC as a senior advisor through early 2025.“I am grateful for Carole’s many...
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July 08, 2024, 07:45 AM
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The PNC Financial Services Group and the TCW Group("TCW"), a leading global asset manager, are partnering to deliver private credit solutions to middle market companies.The PNC and TCW partnership formalizes and expands more than 15 years of...
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May 07, 2024, 08:00 AM
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The PNC Financial Services Group announced that its Board of Directors has unanimously appointed Michael P. Lyons President of the corporation and its wholly owned banking subsidiary, PNC Bank, effective immediately.Lyons will report to William S....
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February 20, 2024, 08:00 AM
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The PNC Financial Services Group has acquired Linga, a point of sale (POS) and payments solutions firm providing an industry-leading, cloud-based restaurant operating system. The acquisition of Linga and its technology will further expand PNC's...
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September 27, 2022, 07:00 AM
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The PNC Financial Services Group completed the conversion of 2.6 million customers, 9,000 employees and nearly 600 branches across seven states from BBVA USA to PNC Bank.The simultaneous conversion of BBVA USA customers and employees to PNC's network...
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October 13, 2021, 07:16 AM
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The PNC Financial Services Group, Inc. announced the completion of its acquisition of BBVA USA Bancshares, Inc., including its U.S. banking subsidiary BBVA USA. Through this transaction, PNC is now the fifth-largest U.S. commercial banking...
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June 02, 2021, 06:00 AM
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InfuSystem Holdings secured a new $75 million revolving credit facility with JPMorgan Chase Bank, acting as the lead arranger with a syndicate of financial banking institutions that include Wells Fargo Bank, N.A., PNC Financial Services Group, Inc....
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February 12, 2021, 07:45 AM
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The PNC Financial Services Group, Inc. and the Spanish financial group, Banco Bilbao Vizcaya Argentaria, S.A. announced that they have signed a definitive agreement for PNC to acquire BBVA USA Bancshares, Inc., including its U.S. banking subsidiary...
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November 16, 2020, 08:40 AM
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PNC Financial Services Group, Inc. (PNC) reported $1 billion in net income, down 3% on a linked-quarter basis, according to Fitch Ratings. Results benefitted from higher spread income, improved fees, and lower credit costs. This was offset by much...
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January 18, 2016, 07:39 AM
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Bloomberg reports PNC Financial Services Group, the second-largest U.S. regional bank, is winding down Market Street Funding LLC, a commercial-paper company it administers.Market Street had $5.9 billion of the short-term debt outstanding as of June...
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September 09, 2013, 07:09 AM
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