Pennsylvania-based regional bank PNC announced today (Friday) that it would purchase Ohio-based National City in an all-stock transaction that values the struggling regional bank at $5.2 billion. Shareholders will receive 0.0392 PNC share for …
PNC, which is based in Pittsburgh, said it would also sell $3 billion of its common stock to help fund the repayment. And it planned to sell $1.5 billion to $2 billion in senior notes. PNC is latest big bank to repay the bailout money. Bank of …
While some might see emerging financial technology firms as competition, PNC executive Mike Lyons sees these upstart ... which advises companies on initial public stock offerings. One Solebury client was Charlotte-based door and window …
The deal creates the country's fifth-largest bank by deposits. PNC will pay $5.58 billion in stock and cash for National City and get $7.7 billion through the government's bailout plan. The deal values National City at about $2.23 a share, or …
... Financial Services Group Inc. (PNC.N) won approval on Thursday from the U.S. Federal Reserve to buy Baltimore-based Mercantile Bankshares Corp. (MRBK.O), a transaction now valued at about $6.1 billion. The cash-and-stock purchase …
PNC Bank is on the rise. Yesterday, the Fed approved PNC's purchase of North Carolina-based RBC Bank for $3.6 …
Stock market booms don't last forever ... The tax law has even led dozens of major companies like Walmart (WMT) and PNC (PNC) to pay $1,000 bonuses and lift their minimum wage. If inflation rises too quickly, the Fed could upset …
“The Reach Out and Read program is incredibly beneficial to children in our care,” said JoAnn Stock, senior director of development, Akron Children’s Hospital Mahoning Valley. “PNC’s Grow Up Great initiative also helps younger children …
Kotak Securities Limited has Accumulate call on PNC Infratech Ltd. with a target price of Rs ... Please consult your financial advisor before taking any position in the stock/s mentioned.