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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.
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's stock price lost roughly half of its overall value throughout 2001 and at shareholders' meetings during that time, shareholders began to demand that Rohr resign from his position. [6] In the wake of that scandal, Rohr led an overhaul of PNC's risk management systems that would ultimately help position PNC well for the 2008 financial ...
The PNC Financial Services Group, Inc. (NYSE:PNC) stock is about to trade ex-dividend in three days. This means that...
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does The PNC Financial Services Group, Inc (PNC) have what it takes? Let's find out.
By selling US$3.4m worth of The PNC Financial Services Group, Inc. ( NYSE:PNC ) stock at an average sell price of...
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.
PNC now has roughly $557 billion in assets, well behind the $3.4 trillion held by JPMorgan. ... Click here for in-depth analysis of the latest stock market news and events moving stock prices.