William S. Demchak Related Content

PNC Names Lyons President

The board of directors of PNC Financial Services unanimously appointed Michael P. Lyons president of the company and its wholly-owned banking subsidiary, PNC Bank. Lyons has been an executive vice president and head of corporate and institutional banking since he joined PNC in October 2011. 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 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

PNC Completes Acquisition of BBVA USA

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

Federal Reserve, OCC Approve PNC’s Acquisition of BBVA

The Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency provided regulatory approval of PNC’s previously announced acquisition of BBVA USA Bancshares, including its U.S. banking subsidiary, BBVA USA. read more

PNC Promotes Senior Technology Executives Guild and Krishnan

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

PNC Agrees to Acquire BBVA USA for $11.6B

The PNC Financial Services Group and the Spanish financial group, Banco Bilbao Vizcaya Argentaria, signed a definitive agreement for PNC to acquire BBVA USA Bancshares, including its U.S. banking subsidiary, BBVA USA, for a purchase price of $11.6 billion. read more

PNC Financial Services Names Parsley COO

PNC Financial Services named E. William Parsley III chief operating officer, effective immediately. read more

New Tax Legislation Accounts for 65% of PNC’s Year/Year Earnings Increase

PNC reported full year 2017 net income of $5.4 billion was up from $4.0 billion a year earlier. The bank noted 65%, or $911 million, of the increase resulted from the impact of new federal tax legislation. read more

PNC Reports Q3/17 Loan Growth of $3.1B

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

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.