PNC Pledges $20B to Support Environmental Finance

PNC is committing $20 billion over five years in support of environmental finance. This commitment is an extension of PNC’s support for accelerating the transition to a low-carbon economy.

August 19, 2021 Kristi Eberhardt | PNC Financial Services Group | Richard Bynum Ian Koplin

Federal Reserve, OCC Approve PNC’s Acquisition of BBVA

The Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency provided regulatory approval of PNC’s previously announced acquisition of BBVA USA Bancshares, including its U.S. banking subsidiary, BBVA USA.

May 17, 2021 BBVA USA | Federal Reserve System | Office of the Comptroller of the Currency | PNC Financial Services Group | William S. Demchak Ian Koplin

PNC Asset Management Group Names Agati CIO

Amanda Agati will succeed Mark McGlone as chief investment officer of PNC Asset Management Group, effective April 9, upon McGlone’s retirement following a 40-year career.

March 4, 2021 Amanda Agati | Carole Brown | Dan Brady | Mark McGlone | Nick Ashburn | PNC Asset Management Group | PNC Financial Services Group Phil Neuffer

PNC Agrees to Acquire BBVA USA for $11.6B

The PNC Financial Services Group and the Spanish financial group, Banco Bilbao Vizcaya Argentaria, signed a definitive agreement for PNC to acquire BBVA USA Bancshares, including its U.S. banking subsidiary, BBVA USA, for a purchase price of $11.6 billion.

November 16, 2020 Banco Bilbao Vizcaya Argentaria | Bank of America | BBVA USA | BBVA USA Bancshares | Carlos Torres Vila | Citi | Evercore | J.P. Morgan Securities | PNC Financial Institutions Advisory | PNC Financial Services Group | Sullivan & Cromwell | Wachtell Lipton Rosen & Katz | William S. Demchak Ellie Delany

Bank of America Business Capital Names Moss National Marketing Manager

Bank of America added Adam Moss as a national marketing manager. Moss most recently served as the head of asset-based lending loan sales and distribution for debt capital markets at PNC Financial Services Group.

November 4, 2020 Adam Moss | Bank of America Business Capital | PNC Financial Services Group Ellie Delany

PNC Financial Services Group Appoints Brown and Bynum to Executive Committee

The PNC Financial Services Group added two new members to its executive committee. Carole Brown will be head of PNC’s asset management group (AMG) and Richard K. Bynum will serve in the newly created role of chief corporate responsibility officer.

July 8, 2020 Carole Brown | D. Jermaine Johnson | PNC Financial Services Group | Richard K. Bynum | William S. Demchak Phil Neuffer

PNC Asset Management Group Names Melcher Chief Investment Officer

PNC Financial Services Group has named Thomas P. Melcher as PNC Asset Management Group’s chief investment officer. Melcher is currently managing executive of Hawthorn, PNC Family Wealth.

December 16, 2015 PNC Financial Services Group | Thomas P. Melcher ABF Journal

Structured Finance Group Elects Board; PNC Member Chairs

The Structured Finance Industry Group announced that it elected a permanent Board of Directors consisting of representatives from 40 member organizations. Reggie Imamura of PNC Financial is chairman.

September 25, 2013 1st Financial Bank USA | Bank of America Merrill Lynch | Christopher Haas | Gregg Silver | PNC Financial Services Group | Reggie Imamura | The Structured Finance Industry Group ABF Journal

PNC Appoints Feldstein To Board Of Directors

PNC Financial Services Group appointed Andrew Feldstein, co-founder, chief executive officer and chief investment officer of BlueMountain Capital Management, to its board of directors.

August 23, 2013 Andrew Feldstein | PNC Financial Services Group ABF Journal

October 2008

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October 1, 2008 ABF Journal | commercial lenders | Darryl Seland | PNC Financial Services Group | Robert Dye ABF Journal