PNC Bank is increasing its branch investment by $500 million to open more than 100 additional new branches and renovate 200 more existing locations across the country. read more
NOV 11, 2024 - 5:46 am
Richard J. Doherty, Monitor’s first-ever Veteran Icon who fostered a deep passion for equipment finance and the people who work in the sector, made a profound impact on the industry. The people who knew him best celebrate his life and deeply mourn his untimely passing.... read more
Sept/Oct 2024
PNC Bank’s latest semi-annual survey of small and mid-sized businesses, which concluded Aug. 6, 2024, indicates that business owner optimism remains high, lending support to PNC’s forecast of a soft landing for the U.S. economy. read more
SEP 6, 2024 - 6:12 am
PNC Bank released findings from its second annual Financial Wellness in the Workplace report, which summarizes survey data and in-depth interviews from more than 1,000 U.S. workers and more than 500 U.S. employers. read more
AUG 29, 2024 - 5:57 am
PNC Bank appointed Karen Wartman-Norris as account operating senior analyst, according to a LinkedIn Post from Wartman-Norris. Previously, she held the position of account services specialist within the bank for six years. read more
AUG 13, 2024 - 6:20 am
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
MAR 14, 2024 - 6:42 am
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
NOV 8, 2023 - 7:37 am
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
OCT 4, 2023 - 6:40 am
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
AUG 25, 2023 - 7:00 am
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
AUG 18, 2023 - 6:43 am
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
APR 5, 2023 - 7:07 am
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
MAR 20, 2023 - 7:22 am
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
AUG 15, 2022 - 6:47 am
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
JUN 10, 2022 - 7:33 am
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
MAY 27, 2022 - 7:44 am