PNC Financial Services Group, Inc. (The) (PNC) Company Bio
PNC Financial Services operates as a diversified financial services company in the United States. It operates through six segments: Retail Banking, Corporate & Institutional Banking, Asset Management Group, Residential Mortgage Banking, BlackRock, and Non-Strategic Assets Portfolio. The company was founded in 1922 and is based in Pittsburgh, Pennsylvania.
The PNC Financial Services Group (PNC) -1.3% PM, to redeem all the outstanding senior notes due Nov. 5, 2020, issued by PNC Bank, National Association in the amount of $1.5B, on Oct 6, 2020.The securities have a distribution rate of 2.450%.The redemption price will be equal to $1K per $1,000 in principal...
Odeon Capital's Dick Bove upgrades PNC Financial (PNC) to Buy from Hold as he sees the bank benefiting from an expected increase in corporate borrowing.He assumes that "the increase in consumer big ticket purchases is ultimately going to force corporations to borrow money to build inventories; fund receivables; and replace...
PITTSBURGH, Sept. 1, 2020 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Chairman, President and Chief Executive Officer William S. Demchak will discuss business performance, strategy and banking in a virtual moderated discussion format at 8:15 a.m….
The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the redemption on Sept. 1, 2020, of $480,000,000 of Depositary Shares (CUSIP: 693475832) (the "Depositary Shares") representing interests in PNC's 5.375% Non-Cumulative Perpetual Preferred Stock, Series Q (the "Series Q Preferred Stock"). Each Depositary Share represents a 1/4,000th interest in a share of the Series Q Preferred Stock. All 19,200,000 Depositary Shares currently outstanding will be redeemed.
TOLEDO, Ohio , July 27, 2020 /PRNewswire/ -- Welltower Inc. (NYSE: WELL ) announced today the appointment of Diana Reid to its Board of Directors. With over 38 years of experience within the financial services industry, Ms. Reid joins Welltower's Board following 12 years (2007-2019) at PNC Financial Services most recently serving as Executive Vice President of The PNC Financial Services Group, Inc. and executive of the bank's commercial real estate business. Ms. Reid began her career in the mortgage products group at Citicorp before joining First Boston (now Credit Suisse), where she spent 19 years in mortgage trading, capital markets and in advisory roles. In 2003, Ms. Reid founded Beekman Advisors, … Full story available on Benzinga.com