PNC 1Q profit falls, revenue rises on RBC merger
BY: Associated Press PNC Financial Services Group Inc.’s net income fell in the first quarter on costs related to a major acquisition. Revenue rose in most areas, and shares of the Pittsburgh-based bank, the third largest in Maryland, surged Wednesday. PNC’s revenue growth came despite new regulations limiting the fees banks can charge when people swipe their debit [...] |
PNC buys Royal Bank of Canada U.S. banks for $3.45B
BY: Associated Press PNC said that the transaction will bring its total to 2,870 branches and make it the fifth biggest among U.S. banks. |




