William Demchak

Momentum builds for Wells Fargo to remove CEO Parker's 'interim' tag

06/12/19

With several top candidates reportedly turning down the job, some insiders are reportedly lobbying the board to appoint C. Allen Parker as the bank's next CEO.

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

04/12/19

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

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Which bank CEOs received the biggest raises in 2018?

03/17/19

Jamie Dimon remains the highest-paid chief executive, but his 5% pay raise was smaller than that of at least five of his counterparts. Here's what CEOs of 13 large and regional banks earned last year, based on recent proxy filings.

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5 takeaways from banks' 4Q results

01/27/19

Among the things we've learned this earnings season: C&I is back, fee income is flat, and leveraged lending is beginning to "rear its ugly head."

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Battle for deposits is ‘a steel-cage match’

01/18/19

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

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PNC names manufacturing, tech executives to board

01/03/19

Executives from Microsoft and other firms will expand PNC's board to 14 members.

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Banks’ payoff from minimum-wage hikes

11/08/18

Raises for the rank and file have fueled investor complaints that banks aren’t keeping a lid on expenses. Executives say the pay increases have lowered turnover and improved customer service.

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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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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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