Search results
Results from the WOW.Com Content Network
The PNC Financial Services Group, Inc. is an American bank holding company and financial services corporation based in Pittsburgh, Pennsylvania. Its banking subsidiary, PNC Bank, operates in 27 states and the District of Columbia, with 2,629 branches and 9,523 ATMs. PNC Bank is on the list of largest banks in the United States by assets and is ...
Steven J. Pilloff, "Bank Merger Activity in the United States, 1994–2003," Washington: Board of Governors of the Federal Reserve System, May 2004. (Staff study 176) Institute of Mergers, Acquisitions and Alliances (MANDA) M&A An academic research institute on mergers & acquisitions, including bank mergers
The transitional logo used by PNC Financial Services after it finalized the purchase of National City Corp., January 2009 –June 2010. The National City acquisition by PNC was the deal by PNC Financial Services to acquire National City Corp. on October 24, 2008 following National City's untenable loan losses during the subprime mortgage crisis.
Here are some of the biggest bank mergers and acquisitions in American history. ... PNC. National City. $6.1 billion. June 23, 2017. CIBC. PrivateBancorp. $5 billion. July 29, 2016. KeyCorp.
Small acquisition with a big impact Both banking segments were helped by the March 2012 acquisition of RBC Bank (USA), the U.S. retail banking subsidiary of Royal Bank of Canada. The acquisition ...
Jim Rohr. James E. Rohr (born October 18, 1948) is former chairman of PNC Financial Services Group (commonly known as PNC Bank) and former CEO. Rohr served as CEO from May 2000 to April 2013 and as chairman from May 2001 to April 2014, both times taking over for Tom O'Brien. [1] He was the chairman of the Carnegie Mellon University Board of ...
1977: The First National Bank of Dayton is the corporation's first major acquisition. Two banks had merged to create the Dayton Bank in 1961: Merchant's National Bank (1871) and People's Bank & Trust Co. (1957). [91] 1978: The Huron County Banking company in Norwalk, Ohio, is acquired. The bank is renamed National City Bank, Norwalk in 1985. [91]
The United States Department of Justice ordered PNC to sell the branches to comply with United States antitrust law after the National City acquisition by PNC. [38] PNC sold the overlapping branches to First Niagara Bank. [39]