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Pnc Financial Services GroupThe News

News on Pnc Financial Services GroupThe continually updated from thousands of sources around the net.

4 hrs ago | Pittsburgh Business Times

First Niagara seeks charter change

First Niagara Financial Group , Inc. has applied to the Federal Reserve Board to become a bank holding company.

Comment?

Related Topix: Banking, Financial Services, Harleysville National

Sat Dec 05, 2009

The Plain Dealer

AmTrust Bank purchase could increase lending, competition in Cleveland market

For the last two years, AmTrust Bank has been like a zombie. The size of the Cleveland bank's deposits and assets shrank nearly in half, and the bank was under the gun from regulators to improve.

Comment?

Related Topix: Cleveland Metro, Cleveland, OH, Banking, Financial Services, KeyCorp, Fifth Third Bancorp

Fri Dec 04, 2009

SchaeffersResearch.com Daily Market Blog

PNC Financial Services (PNC) Bucks the Broad-Market Trend, Baits Put Players

The shares of PNC surrendered nearly 7% yesterday, with some analysts attributing the drop to escalating concerns about the firm's TARP-repayment timeline.

Comment?

Related Topix: Financial Services, Banking, Financial Markets, Personal Finance, Day Trading

Thu Dec 03, 2009

AmericanBankingNews.com

Will Wells Fargo (NYSE: FC), PNC Financial Service (NYSE: PNC) or...

Markets were pleased with Bank of Americaa s decision to repay its debt to the federal government under the Troubled Asset Relief Program and now analysts are wondering which bank will be the next institution to repay its public debt.

Comment?

Related Topix: Financial Services, Banking, Bank of America, Citigroup

MarketWatch

Bank of America sets bar for TARP firms

Bank of America's surprise decision to pay off a $45 billion TARP investment it got from the government during the financial crisis may set the framework for the rest of the nation's banks which still need to pay back the taxpayers, analysts said Thursday.

Comment?

Related Topix: Banking, Bank of America, Financial Services, Investment Banking, Wells Fargo , Fifth Third Bancorp, Suntrust Banks

The Big Picture

The Cost of Christmas: A Relative Bargain?

On the twelfth day of Christmas, my true love sent to me Twelve drummers drumming, Eleven pipers piping, Ten lords a-leaping, Nine ladies dancing, Eight maids a-milking, Seven swans a-swimming, Six geese a-laying, Five golden rings, Four calling birds, Three French hens, Two turtle doves, And a partridge in a pear tree! - From "The Twelve Days of ...

Comment?

Related Topix: Financial Services, Banking

Wed Dec 02, 2009

Pittsburgh Tribune-Review

Fairmont Hotel fairly confident

Prospects are high that the 185-room Fairmont Pittsburgh Hotel, Downtown, scheduled to open on March 29, will succeed, although many experts say the industry nationally won't turn around until 2011.

Comment?

Related Topix: Pittsburgh, PA, Pittsburgh Metro, Financial Services, Banking

Tue Dec 01, 2009

WEBSPHERE Journal

Analyst Choice Undertakes Analytical Revision within Financial, Healthcare and Services Sectors

This drove us to do research on the following 6 stocks CapitalSource Inc. , PNC Financial Services Group Inc.

Comment?

Related Topix: Healthcare Technologies, Biotech, Healthcare Services Group, Medicine, Apparel, Healthcare Industry, Banking, Financial Services, CapitalSource, Insurance, AON, Merck

Mon Nov 30, 2009

Bizjournals

PNC has sights set on becoming Kentuckya s megabank

The largest bank merger in the Louisville market is nearing completion, though the details - including a change in signage - are not final.

Comment?

Related Topix: Financial Services, Banking, National City Corporation

Pittsburgh Business Times

PNC: 12 Days to cost True Loves slightly more this Christmas

"The Twelve Days of Christmas" would cost $21,465.56 in 2009, a mere 1.8 percent increase over last year, according to PNC Wealth Management's 26th annual Christmas Price Index.

Comment?

Related Topix: Financial Services, Banking

Bloomberg

Hedge Funds Buy Stocks as Individuals Sell in Signal S&P 500 Gains Persist

Hedge funds are shoveling money into stocks as individuals exit at the fastest rate in a year, a sign to professional investors that the Standard & Poora s 500 Index is poised to extend its gains.

Comment?

Related Topix: Financial Markets, Mutual Funds, Personal Finance, Investment Banking, Financial Services, Goldman Sachs Group, Investment Services, Banking, 9

KSTP-TV Minneapolis

a 12 Days of Christmasa itemsa cost would top $87K

PITTSBURGH - Making one's true love happy will cost a whopping $87,403 this year, a minuscule increase from last year, according to the latest cost analysis of the items in the carol "The Twelve Days of Christmas." That's the grand total for the single partridge in a pear tree to the 12 drummers drumming, purchased repeatedly as the song suggests, ...

Comment?

Related Topix: Financial Services, Banking

Sun Nov 29, 2009

MyBankTracker

Federal Reserve Reportedly Says to Banks, a oeShow Us TARP Repayment Plansa

Those institutions which were able to "raise common equity and would continue to exceed capital buffers set in the stress tests," would have the option to settle their TARP borrowings soon.

Comment?

Related Topix: Banking, Financial Services, Fifth Third Bancorp, Washington DC

Sat Nov 28, 2009

Philly.com

Web site rallies shareholders for proxy fights

A group of West Chester capitalists has set up a Web site that invites dissident investors to recruit angry shareholders for corporate proxy fights.

Comment?

Related Topix: Activism, Economics News, Bankruptcy, Warren Buffett, Construction, Berkshire Hathaway, Insurance, Investment Services, Banking, Financial Services, Opinion

Fri Nov 27, 2009

MarketWatch

U.S. banks less exposed to Dubai than Europe

U.S. banks are probably less exposed than European rivals to a potential debt default by Dubai World, but a lack of transparency and the interconnectedness of the modern financial system make it difficult to know which institutions are ultimately exposed, analysts said this week.

Comment?

Related Topix: US Bancorp, Banking, Financial Services, World News, United Arab Emirates, Middle East, 9, JP Morgan Chase

MarketWatch

Financial Stocks: Financials off on broader economic gloom

Financial stocks traded slightly lower Tuesday, as a lack of corporate news and the approaching Thanksgiving holiday capped moves in the sector.

Comment?

Related Topix: Financial Markets, Banking, Financial Services, Citigroup, Zions Bancorporation, Bank of America, KeyCorp

Thu Nov 26, 2009

The Courier-Journal

National City, PNC to complete combination in February

Almost a year after acquiring National City Bank, PNC Financial Services Group plans complete combining the banks' Louisville operations in February - a process that will leave fewer branches, the same number of employees and two downtown towers with "PNC" signs at the top.

Comment?

Related Topix: Banking, Financial Services, Louisville, KY, Jeffersontown, KY, Fern Creek, KY

Gazette.Net

Survey: Region's consumers say they are feeling more upbeat about economy

The "shaky" economic recovery may have an effect on this year's holiday sales, economists say.

Comment?

Related Topix: Financial Services, Banking

Wed Nov 25, 2009

WNED.org

Futures point to flat open after Case-Shiller data

U.S. stock index futures pointed to a flat open on Tuesday after data showed home prices rose for the fifth straight month in September, but the growth was less than expected.

Comment?

Related Topix: Housing, Banking, Financial Services

Tue Nov 24, 2009

Reuters

Berkshire venture tops PNC for Capmark servicing

Capmark Financial Group Inc CPFNG.UL said on Tuesday it would sell its mortgage servicing business to a Berkshire Hathaway-Leucadia joint venture which raised its bid on Monday to about $468 million.

Comment?

Related Topix: Banking, Financial Services, Berkshire Hathaway, Insurance, Home, Mortgage, Personal Finance, Leucadia National Corporation, Investment Services, Construction

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