http://pnc.com/ WebOct 24, 2008 · By nickoonce. October 24, 2008. Latest News News. Pittsburgh–The PNC Financial Services Group Inc. will acquire National City Corp. for approximately $5.2 billion in PNC stock. An additional ...
National City acquisition by PNC - Wikipedia
WebThe PNC Financial Services Group, Inc. (NYSE: PNC) is a diversified financial services institution with employees in more than 40 states across the country; regional presidents in 44 markets; a... WebNational City will be merged into The PNC Financial Services Group and sometime after the closing all branches will be converted to the PNC Bank brand. PNC will remain … fast photochemistry in wintertime haze
National City Bank - US Bank Locations
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 deal received much controversy due to PNC using TARP funds to buy National City only hours after accepting the funds while National City itself was denied funds, as well as civic pride for the city of Cleveland, Ohio, where National City was based. WebOct 24, 2008 · The Pittsburgh bank revealed plans to scoop up struggling regional bank National City for about $5 billion in stock. At the same time, it said it would sell $7.7 … WebApr 9, 2010 · National City bank will morph into PNC Bank this weekend - the byproduct of a $5.2 billion acquisition that occurred at the height of the financial crisis in late 2008.. The transition means that the 18 National City branches in Washtenaw and Livingston counties will convert to the PNC brand by Monday morning. Those branches will close at 4 p.m. … fast photo 680w