Tag Archives: William S. Demchak

PNC Names Lyons President

The board of directors of PNC Financial Services unanimously appointed Michael P. Lyons president of the company and its wholly-owned banking subsidiary, PNC Bank. Lyons has been an executive vice president and head of corporate and institutional banking since he joined PNC in October 2011.

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.