PNC Financial Services Group

Think a Comerica sale is off the table? Don't be so sure


Investors seem to be betting that a long-rumored sale of the Dallas company is on hold now that it has named a new CEO, but analysts say it remains an attractive takeover target for a larger regional bank.


PNC’s Demchak says he will not be Wells Fargo's next CEO


Asked during Friday's earnings call if he'd be interested in running the embattled bank, William Demchak said he will end his career at PNC. He also ruled out M&A.


Commercial lending, fee businesses boost PNC's 1Q profits


The Pittsburgh company more than doubled its provision for loan losses during the first quarter to keep pace with growth in its loan portfolio.


Banks explore ways to capitalize on tax law's 'Opportunity Zones'


Regional and community banks are working to finance the economic development districts created by the new law. But they have lots of questions about how the program works — and thoughts on how to improve it.


The app that stashes savings in a ‘money jail’


Fifth Third is helping consumers — and millennials in particular — save for big-ticket purchases with a new tool that squirrels away small sums into an account that can’t be immediately accessed.


OnDeck posts record 4Q profit — then watches shares plunge


The online small-business lender reported record loan originations in the fourth quarter, but its CEO is warning that loan growth could slow in 2019.


Can midmarket M&A boost regional banks' fee income?


Consolidation of midsize firms in health care and other industries is expected to heat up in 2019. That’s welcome news to banks that have recently acquired boutique M&A advisory firms.


Biggest banks provide the best financial advice: Survey


The combination of their convenient branch networks and strong digital offerings makes large, national banks tough to beat in dispensing financial guidance, consumers say.


Banks spend heavily on marketing to win deposits, push digital


At banks of all sizes — from the $7.2 billion-asset WSFS Financial to the $373 billion-asset Capital One — marketing budgets ballooned in the fourth quarter.


Battle for deposits is ‘a steel-cage match’


Loan demand is finally picking up after several lackluster quarters. Banks' big challenge is finding cheap deposits to fund all those new loans.