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The transitional logo used by after it finalized the purchase of , 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.
On October 24, 2008, PNC announced that it had finalized a purchase agreement for National City. The acquisition was a stock purchase transaction to be completed before the end of 2008. National City would be merged into PNC, and the National City brand would be dissolved.
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 ...
PNC CEO Bill Demchak is ... During the 2008 financial crisis, it was encouraged by the US government to buy Cleveland rival National City for $5.2 billion, which basically doubled its size.
PNC Tower. 101 S. Fifth St. / 38.256222°N 85.758000°W / 38.256222; -85.758000. PNC Tower is a skyscraper in Downtown Louisville, Kentucky, and located at 101 South Fifth Street. It was completed in 1972 and was originally named First National Tower .
First Franklin Financial Corp., not to be confused with 1st Franklin Financial Corporation, was a San Jose, California -based home mortgage lender that specialized in subprime loans. [1] [2] It had been owned by two of the biggest casualties of the subprime mortgage crisis, National City Corp. in Cleveland and Merrill Lynch.
PNC Center (formerly National City Center) is a skyscraper located in downtown Cleveland, Ohio at the northwest corner of Euclid Avenue and East 9th Street. The building has 35 stories and rises to a height of 410 feet (120 m), and was designed by Skidmore, Owings and Merrill .
20 Stanwix Street, Downtown Pittsburgh, Pittsburgh, Pennsylvania, United States. Area served. Western Pennsylvania. Products. Financial services. Integra Financial Corporation was a Pittsburgh -based bank that was eventually acquired by National City Corp. in May 1996 as one of National City's first attempts at becoming a major powerhouse in ...