Jenn Garbach joined PNC Financial Services Group as chief marketing officer. Previously, Garbach served as the head of marketing transformation and operations at PayPal.
PNC Financial Services Group announced the expansion of its environmental finance commitment to $30 billion. The bank initially announced in August 2021 a commitment of $20 billion over five years in support of environmental finance.
PNC Financial Services Group acquired Linga, a point of sale and payments solutions firm providing a cloud-based restaurant operating system. Linga will continue to manage its portfolio of channel partners and clients.
Evoqua Water Technologies activated the sustainability-linked adjustment feature available under its $350 million revolving credit facility as part of the company’s continued commitment to integrating sustainability performance into its business strategy.
PNC Financial Services Group completed the conversion of 2.6 million customers, 9,000 employees and nearly 600 branches across seven states from BBVA USA to PNC Bank.
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.
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.
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.
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.
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.