PNC Financial Services Group

What 2Q says about the outlook for consumer credit

07/16/18

Bank of America’s consumer loans grew a lot. But its rivals? Not so much. The mixed results raise questions about whether BofA’s performance is a leading or trailing indicator, and if credit quality is going to be more of a problem industrywide.

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PNC plans Boston, Phoenix middle-market expansion in 2019

07/13/18

PNC revealed the plan as part of its report of strong second-quarter results, and CEO Bill Demchak said it is an example of the regional bank's growth-oriented investments.

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PNC to close Ohio call center, allow employees to work from home

07/09/18

The regional bank's move is part of an industrywide transformation of call centers and operations centers to handle more complex tasks and trim costs.

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What’s behind the slowdown in CRE lending

06/29/18

Commercial real estate is their bread and butter, but many banks are scaling back in this vital loan category. Here’s why.

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Have bank stocks already hit their 2018 peak?

06/27/18

The recent string of positive news for the banking industry, from lower corporate taxes to less regulation, is starting to feel like a distant memory.

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Real-time corporate payments not ready for prime time

06/21/18

The quest for fast payments is advancing on the consumer side, but most banks are said to be undecided about a host of issues tied to speeding up transactions between businesses.

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What's hot — and what's not — in retail banking: A midyear update

06/13/18

Competition for deposits is heating up as summer approaches, and banks are responding in all sorts of ways — from launching digital-only platforms to raising CD rates to reviving debit rewards. But rising interest rates could weaken demand for loans, especially mortgages.

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New bank lobbying group excludes Goldman and Morgan Stanley

06/08/18

The firms were initially slated to be included in a newly merged trade association, but they were blocked after some executives objected to adding more Wall Street banks.

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Tech spending: Hard sell, must sell

05/30/18

Whether they’re thwarting cyber thieves or building out new apps, bank chiefs say hefty tech investments are now a cost of doing business — but they have to convince shareholders.

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Don’t call it a comeback: Commercial lending’s ho-hum rebound

05/30/18

The numbers are better but still disappointing for such a healthy economy, lamented executives from large U.S. banks. Some are scratching their heads, some are remaining upbeat about the second half of the year, and others are focusing on Plan B.

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