William Demchak

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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Is tax reform fueling a price war in commercial lending?

04/13/18

Bankers hoped the tax overhaul would stimulate a boom in business borrowing, but several said this week that hasn’t happened yet. PNC’s Bill Demchak warned that the tax cuts could be encouraging lenders to underprice loans.

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PNC promotes Parsley to vacant chief operating officer post

02/22/18

William Parsley was most recently PNC's chief investment officer and treasurer and had previously served as head of consumer lending.

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Loan growth from tax cuts might take a while

01/16/18

Though business owners are more optimistic about the direction of the economy since the tax law was passed, it's doubtful their borrowing will increase meaningfully until they see more signs of more robust growth, bankers say.

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Music to investors’ ears: Banks will use tax cut to boost dividends

01/12/18

Executives of large banks told investors and analysts what they wanted to hear Friday when they said they plan to increase returns to shareholders.

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New tax law adds $1B to PNC's 4Q profit

01/12/18

The Pittsburgh company got the tax-related boost from an increase in the valuation of its deferred tax liabilities. It was partly offset by several charges.

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Ex-regulator, cybersecurity expert join PNC board

01/04/18

In adding Martin Pfinsgraff, until recently the OCC's deputy comptroller for large-bank supervision, and retired Air Force Brig. Gen. Linda Medler, a cybersecurity expert, the regional bank says it is trying to build a board with expertise in fields of timely interest.

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More banks spreading the wealth after Trump signs tax bill

12/22/17

Bank of America, PNC join a growing list of banks planning to use the anticipated savings from the reduction in the corporate tax rate to boost wages for employees.

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PNC to offer consumer loans through mobile devices

12/07/17

PNC's new consumer lending platform will be marketed on a national scale.

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