Experience is on PNC's side in Royal Bank deal, analysts say
PNC Financial Services Group's experience in absorbing troubled giant National City Corp. will enable an easier takeover and integration of RBC Bank, analysts and PNC's chief executive said on Monday.
Source: Pittsburgh Tribune-Review
-
German, Spanish Banks to Suffer in Tests: Analysts
The results of the banking stress tests, due on Friday after the close of European markets, will be worst for German and Spanish banks, analyst Ralph Silva of SRN told CNBC Friday.
-
Portales school business manager relies on experience as comptroller
New Portales Municipal Schools business manager Sarah Marquez is no stranger to financing and thinks that may be a bonus with current New Mexico state budget cuts in the education system. Portales Municipal...
-
20. PNC to buy RBC's US bank, card units for US$3.6b
CHARLOTTE: PNC Financial Services Group Inc says it plans to buy Royal Bank of Canada's US retail bank operations and credit card business for US$3.62bil, expanding the bank into the US southeast.
-
RBC sells U.S. retail operations to PNC Financial
NEW YORK – PNC Financial Services Group Inc. said Monday that it is buying the U.S. retail operations of Royal Bank of Canada for $3.45 billion. PNC said that the transaction will bring its total...
-
Royal Bank sells U.S. operation for $3.45B to PNC Financial Services: report
TORONTO - Royal Bank has reportedly agreed to sell its retail banking operations in the southeastern United States to PNC Financial Services Group Inc. for $3.45 billion. The Wall Street Journal first...
-
Golf: Ponies banking on experience at state
Making its third straight trip to the Class AAA state tournament, the Stillwater girls' golf team is hoping experience pays dividends while trying to improve on last year's third-place showing. The...
-
New Be Your Own Analyst Contest Winner Announced
Drew Carroll, a senior at the University of Maryland – College Park is this week’s winner of our Be Your Own Analyst Contest. Check out his analysis of the S&P 500 and Dow Jones FXCM Dollar Index...