PNC Bank Related Content

PNC Names Thomas Head of Corporate & Institutional Banking

PNC Bank named Michael Thomas head of corporate & institutional banking (C&IB), effective immediately. Thomas will report to Michael P. Lyons, president of PNC Bank. Thomas is succeeding Lyons in the role after Lyons was appointed president of the bank in February. read more

PNC’s Twin Cities Regional President Kelly to Retire; McQueen Chosen as Successor

Kate Kelly will retire from PNC as regional president for the Twin Cities region in Minnesota on Dec. 15. Kelly McQueen will replace Kelly and take on a dual role as the bank’s Twin Cities regional president and head of corporate banking for Minnesota. read more

PNC Bank Acquires $16.6B in Capital Commitments Facilities of Signature Bridge Bank

PNC Bank acquired a portfolio of $16.6 billion in capital commitments facilities from Signature Bridge Bank through an agreement with the Federal Deposit Insurance Corporation as receiver. read more

Inflation Takes Toll on Employee Financial Stress, Productivity

According to PNC Bank’s inaugural survey about financial wellness in the workplace, seven in 10 employees said they experience stress related to their personal finances. Inflation is a key factor, with 90% of those surveyed saying that they are being negatively affected by inflation. read more

PNC Promotes Bullock to Commercial Banking Market Leader for Central PA

PNC Bank promoted Zachary Bullock to senior vice president and market leader for commercial banking in central Pennsylvania. Based in PNC’s office in Lancaster, PA, Bullock will oversee PNC’s commercial banking team in the market. read more

Griffin Global Asset Management Upsizes Warehouse Facility to $2B

Griffin Global Asset Management upsized its senior secured warehouse facility to $2 billion with a syndicate of 12 banks, including new banking partners Citibank, Sumitomo Mitsui Banking and Bank of Montreal. read more

Major US Banks Deposit $30B in First Republic in Wake of Silicon Valley Bank Collapse

Last week, 11 banks, including Bank of America, Citigroup, JPMorgan Chase and Wells Fargo, combined to make $30 billion in uninsured deposits in First Republic Bank to display confidence in the U.S. banking system following the collapse of Silicon Valley Bank. read more

UMB Agents $1.5B Warehouse Facility for Griffin Global Asset Management

UMB Bank is serving as administrative agent for an amended $1.5 billion senior secured warehouse facility for two entities jointly established by Griffin Global Asset Management and Bain Capital Credit. read more

PNC Bank Regional President Geiger to Retire, Weber Named Successor

Kay Geiger will retire as regional president for PNC in Greater Cincinnati and Northern Kentucky on July 31 after a 44-year career in financial services. Warren Weber will succeed Geiger. read more

Larrimer to Retire as PNC’s Head of Retail Banking and Chief Customer Officer

Karen Larrimer, head of retail banking and chief customer officer at PNC, will retire after more than 27 years with the bank. Alex Overstrom, PNC's current head of small business and deputy head of retail banking, will assume responsibility for leading the retail banking line of business. read more

PNC Bank Launches Minority Business Development Group, Odneal to Lead

PNC Bank launched a new minority business development group, which will focus on advancing the financial wellness of emerging minority-owned businesses. Marshalynn Odneal, national sales executive for minority business, will lead this national effort. read more

PNC Bank Names Regional Presidents in California with Appointments of Ingle and Wilson

PNC Bank appointed two regional presidents in California. Jarrod Ingle joined as the regional president and head of corporate banking for the Orange County-Inland Empire market, while Todd Wilson joined as regional president for the Greater Los Angeles Metropolitan Area. read more

Triton International Completes Transition of Debt Capital Structure

Container leasing company Triton International took multiple actions to implement its planned transition to a debt capital structure made up of primarily unsecured debt, including amending and restating its existing revolving and term loan facilities so that both will now be unsecured. read more

PNC Completes Conversion of BBVA Branches as Part of Acquisition

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. read more

The Evolving Equipment Leasing Landscape: Four Investment Trends to Watch in 2021

Monitor caught up with Eric Hanson to talk about four major trends that will shape investment in the equipment finance industry in 2021. As large financial institutions refine their approach to the market and institutional investors continue to favor equipment asset class gains, investors have gained the benefit of premium returns, while equipment finance companies enjoy unprecedented access to capital. ... read more

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