Entries tagged "PNC Financial Services Group Inc."
The bank is poised to book $29 billion in income on the toxic assets it bought from Washington Mutual.
The two banks are trying to convince regulators that the stress test results are incorrect ahead of Thursday's release of them.
A lot of regional banks are releasing first-quarter earnings Tuesday and throughout the week. Here's a roundup.
Bank of America Corp. and PNC Financial Services Group Inc. opened up their wallets in 2008, making some bold moves by picking up distressed peers. And while the deals may have long-term growth potential for the two banks, credit rating agencies Standard & Poor's and Moody's Investors Service have some reservations over the acquisitions. ...
