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PNC Bank is set to shut almost 30 branches, further accelerating America's transition to automated banking. The financial giant follows in the footsteps of JPMorgan which yesterday announced it was closing a quarter of First Republic locations after it took over the failed firm earlier this year. It comes as America faces an access to cash crisis as firms axe branches and ATMs at lightning speed. The number of cash machines fell from 470,000 in 2019 to 451,500 at the end of 2022, according to figures from research body Euromonitor International. The 29 closures are targeted in Maryland and the...

PNC closed dozens of locations in March. According to the Cincinnati Business Corner, so far this year, PNC has announced 173 branch closures—up from 105 announced by the same point last year. The company has yet to confirm how many banks in total it plans to shutter in 2023. In December, PNC Bank announced plans to close approximately 32 locations—and just last month, that company closed roughly 28 branches, according to March 18 regulatory filings. This timing coincides with OCC regulations, which require banks to provide at least 90 days' notice ahead of closures. Virginia will be hit the hardest,...

Donald Trump Jr. scored a victory on Friday when PNC Financial Services Group Inc. reversed course after inexplicably cutting ties with his news aggregation company, then blaming it on a “good-faith error.” PNC Bank made headlines Thursday afternoon after Trump Jr. revealed that the “woke” company shut down the bank account for the app he co-founded with Trump spokesman Taylor Budowich — MxM News — “without any explanation”:

PNC Financial Services Group Inc. abruptly terminated its business relationship with the news aggregation app company launched last year by Donald Trump Jr. and former Trump spokesman Taylor Budowich, Fox News Digital has learned, which the company called the latest move by "woke corporations" to silence conservatives. MxM News was founded and launched last year by Trump Jr. and Budowich to compete with apps that aggregate news content for readers, like Apple News, Google News and others that conservatives have accused of censorship. The parent company of MxM News is ROCDIGITAL, LLC. "After being told to call a generic help...

For the past two days, I have been unable to sign on. When I try to do so, I get a display :we are experiencing technical difficulties with online banking..." I have entered my password by copying and pasting. In addition, I have deliberately entered a wrong password, and doing so gives me a different error message. In other words, the above issue is not password-based. Is anyone else having this problem?

Taysir Kubaa, deputy head of the Palestinian National Council, on Thursday called on the Palestinian Authority (PA) to abandon the path of negotiations with Israel which, he said, does not lead to success for the Palestinians. Speaking in an interview with Hamas's Palestine newspaper, Kubaa said that the Palestinian reliance on false negotiations is wrong, since negotiations are “worthless”, as he put it, and “the only option we face is a return to national unity and enlisting our people to the forces of the struggle.” Referring to the French peace initiative which calls for an international conference to renew peace...

Let it be known: McCovey Cove doesn't have a monopoly on strange watery MLB happenings. The scene on the Allegheny River outside PNC Park was as wacky as anything we've seen in San Francisco on Sunday, as a fan appeared to have brought a hoverboard to the Cubs-Pirates game. Marty McFly would have been proud -- and after all, we're only two years away from these things being widely available:

A top federal bank regulator said Thursday that he has directed seven of the nation's largest lenders to review their foreclosure processes after learning about the widespread mishandling of homeowner evictions by the industry. John Walsh, acting director of the Office of the Comptroller of the Currency, told lawmakers during a hearing on the financial regulatory overhaul enacted this summer that some lenders "clearly had deficiencies" in their system for foreclosures. The banks contacted by regulators include J.P. Morgan Chase, which announced Wednesday that it was freezing 56,000 foreclosures after finding errors in its preparation of documents, according to OCC...

PNC Financial Services Group, the nation's fifth largest bank and the biggest in Pennsylvania, today announced a moratorium on new and pending home mortgage foreclosures. The moratorium, on mortgages owned and serviced by PNC and National City Mortgage, now part of PNC, is effective through March 13, or upon the start of the anticipated U.S. government's loan modification program, the Pittsburgh-based bank said. President Obama is expected to announce tomorrow a plan for stemming the flood of home foreclosures that could include pressure on lenders to cut monthly payments for borrowers in trouble. "PNC wants to help as many customers...

NEW YORK (Reuters) - PNC Financial Services Group Inc (NYSE:PNC - News) said on Friday it has awarded bonuses for 2008 to its chief executive and other top officers, becoming the largest recipient of taxpayer money under the government's $700 billion Troubled Asset Relief Program to do so.

NEW YORK (Reuters) - Wachovia Corp's shareholders approved the bank's takeover by rival Wells Fargo & Co on Tuesday, bringing one of the largest mergers stemming from the financial crisis near to completion. Separately, regional bank PNC Financial Services Group Inc said its planned takeover of National City Corp was approved by shareholders of both banks and is expected to close by December 31.

Merger will create fifth largest U.S. banking deposit franchise PNC to further strengthen capital position The PNC Financial Services Group and National City Corporation today announced that they have signed a definitive agreement for PNC to acquire National City for $2.23 per share, or an aggregate fixed amount of approximately $5.2 billion in PNC stock. Additionally $384 million of cash is payable to certain warrant holders. Total consideration approximates National City's market capitalization as of the close of business on October 23, 2008. National City shareholders will be entitled to 0.0392 share of PNC common stock for each share of...

According to a report in Thursday's Wall Street Journal, National City Corp. (NYSE: NCC) is in talks with two banks to discuss a possible sale. The WSJ cites unnamed sources "familiar with the situation." It names Pittsburgh's largest bank, PNC Financial Services Group Inc., and Bank of Nova Scotia in Canada as among the potential buyers.