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

According to PNC's latest semi-annual survey of small and mid-sized businesses, which concluded Feb. 1, business owner optimism about economic conditions over the next six months has reached a 22-year high amid lessening fears of a recession. read more

MAR 1, 2024 - 6:54 am

PNC appointed Aimee Sheenan senior vice president and director of women’s business development, according to LinkedIn. Sheenan has spent nearly 19 years with PNC, previously serving as senior vice president and corporate banking corporate sales development manager. read more

JAN 5, 2024 - 6:41 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

According to the most recent release of PNC’s semi-annual survey of small and mid-sized businesses, business owner optimism about the outlook for their businesses in the next six months has reached a 21-year high amid strong expectations for sales, profits and demand. read more

SEP 11, 2023 - 6:57 am

Business owners are feeling optimistic about the near-term future of their businesses amid increasing vaccination rates, and those who report that more than 75% of their workforce has been vaccinated are the most positive about their outlook, according to a survey from PNC. read more

SEP 28, 2021 - 6:52 am

PNC completed its acquisition of BBVA USA Bancshares, including its U.S. banking subsidiary, BBVA USA. Through this transaction, PNC is now the fifth largest U.S. commercial banking organization, with more $560 billion in assets. read more

JUN 2, 2021 - 6:54 am

Many small and mid-sized business owners strongly support vaccinations for COVID-19 and plan to encourage their employees to get the shots, which are central to a return to normalcy, according to the latest PNC semi-annual national small business survey. read more

MAR 2, 2021 - 7:12 am

Harold Ford Jr. assumed the role of vice chairman of corporate and institutional banking (C&IB), reporting to Michael Lyons, head of C&IB, at PNC Financial Services Group. Ford has more than 25 years of political and financial experience, serving in Congress from 1997 through 2007. read more

DEC 4, 2020 - 7:22 am

PNC expanded the leadership roles of Deborah Guild, chief security officer, and Ganesh Krishnan, corporate and institutional bank (C&IB) and staff service technology chief information officer. read more

NOV 23, 2020 - 7:10 am

After 40 years of new business development in the equipment finance and leasing industry in the Greater Philadelphia area, Eric Kraheck retired. Most recently, Kraheck served at M&T Bank for almost nine years. read more

AUG 13, 2020 - 6:49 am

PNC Reported Q1/19 net income of $1.27 billion was up from $1.24 billion for the same quarter a year earlier. Earnings per share of $2.61 met analysts’ estimates. read more

APR 15, 2019 - 6:30 am

In its Q3/17 earnings release, PNC reported that loans grew $3.1 billion to $221.1 billion at September 30, 2017 compared with June 30, 2017. read more

OCT 16, 2017 - 7:20 am

ECN Capital completed the previously announced sale of the company’s U.S. Commercial and Vendor Finance business to PNC Financial Services Group. read more

APR 4, 2017 - 6:53 am

PNC Financial Services entered a definitive agreement to acquire the U.S.-based commercial and vendor finance business of ECN Capital for cash proceeds of approximately $1.253 billion. read more

FEB 22, 2017 - 6:40 am